Elara Retail Limited
06769911
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 10/12/2025
Due 24/12/2026
Industry
Officers
secretary · Since 10/12/2008
BRITISH · UNITED KINGDOM · Age 53
Also on 5 other boards
director · Since 10/12/2008
ADMIN ASSISTANT
CANADIAN · UNITED KINGDOM · Age 52
Also on 1 other board
director · Since 10/12/2008
SUBPOSTMASTER
BRITISH · UNITED KINGDOM · Age 53
Also on 5 other boards
Persons with Significant Control
Mr Iyathurai Kuganesan
British · United Kingdom · Age 53
31-39, Norwood Road, Herne Hill, SE24 9AA
Notified 06/04/2016
Mrs Gowry Kuganesan
Canadian · United Kingdom · Age 52
31-39, Norwood Road, Herne Hill, SE24 9AA
Notified 01/12/2022
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 1070+ SIC 47110 peers63
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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.
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
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.73 | +£0 |
| 2025 | 1.73 | +£22k |
| 2024 | 1.65 | -£3k |
| 2023 | 1.85 | +£2k |
| 2022 | 1.86 | +£5k |
| 2021 | 2.01 | +£15k |
| 2020 | 2.10 | +£15k |
| 2019 | 1.78 | +£21k |
| 2018 | 2.01 | -£35k |
| 2017 | 2.47 | — |
Derived from filed accounts. Not audited figures.