Back to search

Signature Sofas Limited

06450057

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

POINT WEST VIRAGE PARK, CANNOCK, WS11 0NH
Incorporated 11/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Jarnail Singh Athwal

director · Since 11/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 14 other boards

Persons with Significant Control

Mr Jarnail Singh Athwal

25–50% shares
25–50% votes

British · England · Age 53

Wendover, Radford Lane, Wolverhampton, WV4 4XW

Notified 11/12/2016

Charges4 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 23/01/2025Registered 30/01/2025
Charge
outstanding

HSBC BANK PLC

Created 21/07/2015Registered 22/07/2015
Charge
outstanding

HSBC BANK PLC

Created 21/08/2013Registered 24/08/2013
Charge
outstanding

HSBC BANK PLC

Created 21/08/2013Registered 23/08/2013

CompanyRankvs 3075+ SIC 47599 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 30/03/2025

Net Worth

-£281k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£279k

Current Liabilities

£258k

Fixed Assets

£1k

Debtors

£169k

6avg. employees

Tax at Year End(2022)

Corp tax£9k

Balance Sheet

Assets less current liabilities£22k
Signed by Mr J S Athwal 10 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08+£17k
20240.74-£89k
20231.25-£144k
20221.07-£66k
20211.34+£16k
20201.41
20191.20

Derived from filed accounts. Not audited figures.