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Cannac Limited

06173281

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

74-76 UPPER CLAPTON ROAD, E5 9JP
Incorporated 20/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Sahin Erdogan

director · Since 20/03/2007

DIRECTOR

TURKISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Sahin Erdogan

75–100% shares
75–100% votes
Appoint directors

Turkish · United Kingdom · Age 47

74-76, Upper Clapton Road, London, E5 9JP

Notified 06/04/2016

CompanyRankvs 521+ SIC 47110 peers
83

Financial strength87th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£85k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£107k

Current Liabilities

£42k

Fixed Assets

£32k

5avg. employees

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities£97k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.55+£22k
20241.97+£16k
20231.57-£2k
20225.27-£2k
202111.57-£2k
20209.33-£2k
20193.84

Derived from filed accounts. Not audited figures.