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Mits Limited

06400323

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

ELTHORNE GATE, PINNER, HA5 5QA
Incorporated 16/10/2007

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 21/08/2025

Due 04/09/2026

On track

Industry

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

Officers

Mitul Patel

director · Since 16/10/2007

RETAILER

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Mitul Narendrakumar Patel

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

British · United Kingdom · Age 43

Elthorne, Gate, Pinner, HA5 5QA

Notified 20/08/2019

Former PSCs

Mr Narendrakumar Patel

Ceased 20/08/2019

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2009Registered 02/12/2009Satisfied 17/10/2022

CompanyRankvs 3616+ SIC 47110 peers
72

Financial strength83th percentile among SIC peers · 21/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength21/25 pts

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

Employees5/15 pts

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

Liquidity16/20 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 31/10/2025

Net Worth

£62k

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£134k

Current Liabilities

£89k

Fixed Assets

£22k

Debtors

£20k

2avg. employees+1

Balance Sheet

Intangible assets£1
Bank loans & overdrafts£6k
Assets less current liabilities£67k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51+£48k
20241.09-£16k
20231.83

Derived from filed accounts. Not audited figures.