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Elara Retail Limited

06769911

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

31-39 NORWOOD ROAD, HERNE HILL, SE24 9AA
Incorporated 10/12/2008

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

Industry

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

Officers

Mr Iyathurai Kuganesan

secretary · Since 10/12/2008

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Mrs Gowry Kuganesan

director · Since 10/12/2008

ADMIN ASSISTANT

CANADIAN · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Iyathurai Kuganesan

director · Since 10/12/2008

SUBPOSTMASTER

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Iyathurai Kuganesan

25–50% shares
25–50% votes

British · United Kingdom · Age 53

31-39, Norwood Road, Herne Hill, SE24 9AA

Notified 06/04/2016

Mrs Gowry Kuganesan

25–50% shares
25–50% votes
Appoint directors

Canadian · United Kingdom · Age 52

31-39, Norwood Road, Herne Hill, SE24 9AA

Notified 01/12/2022

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/05/2013Registered 28/05/2013

CompanyRankvs 1070+ SIC 47110 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

expectation that the company has adequate resources to continue in operational existence for the foreseeable future and meet its liabilities as they fall due. The directors continue to adopt the going concern basis of accounting in preparing the financial statements on the basis that there are no material uncertainties related to events and conditions, that may cast doubt on the ability of th

Key FinancialsYear ending 31/03/2025

Net Worth

£116k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£316k

Current Liabilities

£183k

Fixed Assets

£614

Debtors

£177k

Profit After Tax

£13k

11avg. employees

Tax at Year End

Dividends paid£16k

Balance Sheet

Intangible assets-£6k
Assets less current liabilities£133k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.73+£0
20251.73+£22k
20241.65-£3k
20231.85+£2k
20221.86+£5k
20212.01+£15k
20202.10+£15k
20191.78+£21k
20182.01-£35k
20172.47

Derived from filed accounts. Not audited figures.