Shine Future Limited
06654348
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Muhammad Siddiq
British · England · Age 69
49, Midhurst Gardens, Uxbridge, UB10 9DN
Notified 06/04/2016
Former PSCs
Mr Mohammad Hanif Saleem
Ceased 04/11/2019
CompanyRankvs 18895+ SIC 56102 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2024
Net Worth
-£609k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£389k
Working capital
Current Assets
£8k
Current Liabilities
£396k
Fixed Assets
£140k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.02 | -£71k |
| 2023 | 0.03 | -£4k |
| 2022 | 0.13 | -£1.0M |
| 2021 | 0.21 | -£50k |
| 2020 | 0.15 | +£17k |
| 2019 | 0.00 | +£6k |
| 2018 | 0.01 | — |
Derived from filed accounts. Not audited figures.