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Red Miracle (Shrewsbury) Limited

06283081

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

24 CANUTE HOUSE, BRENTFORD, TW8 8HP
Incorporated 18/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Arvinder Singh Salariya

director · Since 18/06/2007

COMPUTER ANALYST

BRITISH · ENGLAND · Age 61

Also on 20 other boards

Mr Ahsan Javed

director · Since 31/08/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 10 other boards

Ms Kimberley Kaur Saini

director · Since 31/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 12 other boards

Persons with Significant Control

Mr Arvinder Singh Salariya

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

British · England · Age 61

138 Wood Lane, Isleworth, TW7 5EQ

Notified 19/06/2016

Former PSCs

Mrs Baljeet Kaur Salariya

Ceased 27/08/2020

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 03/02/2015Registered 03/02/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/11/2007Registered 07/11/2007Satisfied 26/04/2016

CompanyRankvs 1472+ SIC 47290 peers
58

Financial strength68th percentile among SIC peers · 17/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1472Red Miracle (Shrewsbury) Limited
64
How is this score calculated?
Financial strength17/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

£11k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£297k

Current Liabilities

£322k

Fixed Assets

£49k

Debtors

£270k

30avg. employees+4

Balance Sheet

Assets less current liabilities£23k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£5k
20240.91-£75k
20231.23-£27k
20221.32+£32k
20211.04+£111k
20200.60-£10k
20190.55—

Derived from filed accounts. Not audited figures.