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Universal Textiles Uk Ltd

06865782

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

50 OSWIN ROAD, LEICESTER, LE3 1HR
Incorporated 01/04/2009

Compliance

Last accounts

31/08/2024

group

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 17/04/2026

Due 01/05/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet
62012
Business and domestic software development

Officers

Mr Mahesh Karia

director · Since 01/04/2009

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Ravi Karia

secretary · Since 01/04/2009

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Mr Ravi Karia

director · Since 01/04/2009

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 5 other boards

Mr Craig John Sandall

director · Since 01/06/2017

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Michael Joules

director · Since 05/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Karan Karia

director · Since 05/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 1 other board

Mrs Harshika Karia

director · Since 20/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Mahesh Karia

Significant control

British · United Kingdom · Age 69

50, Oswin Road, Leicester, LE3 1HR

Notified 01/07/2016

Mr Ravi Karia

Significant control

British · England · Age 43

50, Oswin Road, Leicester, LE3 1HR

Notified 01/07/2016

Mrs Harshika Karia

Significant control

British · England · Age 66

50, Oswin Road, Leicester, LE3 1HR

Notified 26/04/2017

Mr Craig John Sandall

Significant control

British · England · Age 39

50, Oswin Road, Leicester, LE3 1HR

Notified 01/06/2017

Rkmax Limited

75–100% shares

50, Oswin Road, Leicester, LE3 1HR

Reg: 11996352 · Registrar Of Companies England & Wales · Private Limited Company

Notified 16/09/2019

Charges1 outstanding

Charge
outstanding

RKMAX LTD

Created 30/04/2025Registered 02/05/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 03/03/2020Registered 10/09/2020Satisfied 19/08/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 03/06/2020Registered 12/06/2020Satisfied 27/08/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 04/07/2014Registered 07/07/2014Satisfied 19/08/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 18/12/2013Registered 03/01/2014Satisfied 19/08/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 25/09/2013Registered 08/10/2013Satisfied 19/08/2024
charge
satisfied

BARCLAYS BANK PLC

Created 19/09/2012Registered 26/09/2012Satisfied 21/08/2024

CompanyRankvs 1905+ SIC 47910 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 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 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.

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/08/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£545k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£4.2M

Current Liabilities

£2.1M

Fixed Assets

£45k

Debtors

£2.5M

Profit After Tax

£1.4M

137avg. employees-3

Tax at Year End

Corp tax£288k
Dividends paid£1.3M

People Costs(2023)

Wages & salaries£1.9M
NI contributions£142k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97-£290k
20231.85+£532k
20221.99-£1.2M
20213.10+£766k
20201.59

Derived from filed accounts. Not audited figures.