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Joysleep Holdings Limited

06639690

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
62 / 100

Some Concerns

30/30
Filing
20/30
Financial
12/40
Risk
  • Active insolvency proceedings (-20)
  • 4 outstanding charges (-8)

Details

6 ABBOTS PLACE, BOREHAMWOOD, WD6 5QP
Incorporated 07/07/2008

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Mahendra Lakhamshi Shah

director · Since 07/07/2008

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 2 other boards

Mr Chandulal Lakhamshi Shah

director · Since 07/07/2008

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 2 other boards

Mr Shashikant Lakhamshi Shah

director · Since 07/07/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Mr Shashikant Lakhamshi Shah

secretary · Since 07/07/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Mr Rajendrakumar Lakhamshi Shah

director · Since 07/07/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Mr Rajnikant Lakhamshi Shah

director · Since 07/07/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 5 other boards

Mr Chinan Shah

director · Since 07/09/2024

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mr Shashikant Lakhamshi Shah

Significant control

British · England · Age 68

6, Abbots Place, Borehamwood, WD6 5QP

Notified 01/07/2016

Mr Mahendra Lakhamshi Shah

Significant control

British · England · Age 73

6, Abbots Place, Borehamwood, WD6 5QP

Notified 07/09/2024

Former PSCs

Mr Vinod Lakhamshi Shah

Ceased 07/09/2024

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 02/04/2025Registered 15/04/2025
Charge
satisfied

LLOYDS TSB BANK PLC

Created 21/05/2013Registered 24/05/2013Satisfied 18/02/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 15/03/2013Registered 30/03/2013
charge
outstanding

MAHENDRA LAKHAMSHI SHAH,SHASHIKANT LAKHAMSHI SHAH,RAJNIKANT LAKHAMSHI SHAH,CHANDULAL LAKHAMSHI

Created 03/12/2010Registered 14/12/2010
charge
outstanding

MAHENDRA LAKHAMSHI SHAH, SHASHIKANT LAKHAMSHI SHAH, RAJNIKANT LAKHAMSHI SHAH, CHANDULAL LAKHAMS

Created 03/12/2010Registered 07/12/2010

Insolvency History1 case

receiver manager

Philip James Watkins (receiver manager) · Philip Lewis Armstrong (receiver manager)

CompanyRankvs 8182+ SIC 68320 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 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.

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

Outstanding charges: -10 pts

Insolvency history: -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

£947k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£759k

Working capital

Current Assets

£622k

Current Liabilities

£1.4M

Fixed Assets

£2.6M

12avg. employees+1

Balance Sheet

Assets less current liabilities£1.9M
Signed by Mr Chinan Shah 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45+£24k
20240.54+£5k
20230.55

Derived from filed accounts. Not audited figures.