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Smart Range Leather Company Limited

06940819

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT 3 DOMINION WORKS, DAGENHAM, RM8 1RX
Incorporated 22/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46240
Wholesale of hides, skins and leather

Officers

Mr Shahid Iqbal Butt

director · Since 01/11/2012

RETAILER

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Shahid Iqbal Butt

75–100% shares
75–100% votes

British · United Kingdom · Age 62

461, High Road, Ilford, IG1 1TX

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/01/2020Registered 31/01/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/01/2020Registered 13/01/2020
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 11/05/2017Registered 12/05/2017
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 11/05/2017Registered 12/05/2017
charge
satisfied

S B YOUNGS (PROPERTIES) LIMITED

Created 07/12/2009Registered 24/12/2009Satisfied 18/08/2018

CompanyRankvs 53+ SIC 46240 peers
56

Financial strength80th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

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

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

Key FinancialsYear ending 31/10/2024

Net Worth

£155k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£238k

Working capital

Current Assets

£162k

Current Liabilities

£400k

Fixed Assets

£647k

Debtors

-£3k

10avg. employees+1

Balance Sheet

Bank loans & overdrafts£242k
Assets less current liabilities£409k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£34k
20230.63+£15k
20220.76+£10k
20210.77-£9k
20200.78-£26k
20190.78+£12k
20180.76

Derived from filed accounts. Not audited figures.