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Nishita Associates Limited

05896284

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 FINCH LANE, BUSHEY, WD23 3AH
Incorporated 04/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
68209
Other letting and operating of own or leased real estate

Officers

Mrs Shikha Kothari

director · Since 12/07/2010

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Naitik Kothari

director · Since 07/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mrs Shikha Kothari

25–50% shares
25–50% votes

British · United Kingdom · Age 43

1, Finch Lane, Bushey, WD23 3AH

Notified 04/08/2016

Mr Naitik Kothari

25–50% shares
25–50% votes

British · United Kingdom · Age 46

1, Finch Lane, Bushey, WD23 3AH

Notified 01/01/2024

CompanyRankvs 48254+ SIC 62090 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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48254Nishita Associates Limited
33
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£88k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£275k

Working capital

Current Assets

£84k

Current Liabilities

£359k

Fixed Assets

£187k

Debtors

£79k

Balance Sheet

Intangible assets£220
Assets less current liabilities-£88k
Signed by Mr Naitik Kothari 15th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23-£36k
20240.02-£63k
20230.11-£19k
20220.00-£3k
20210.36+£17k
20200.07—
20190.02—

Derived from filed accounts. Not audited figures.