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Majestic Furnishings Limited

07161296

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT A MAJESTIC BUILDING, DEWSBURY, WF13 2BE
Incorporated 17/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499

Officers

Mr Sabir Patel

director · Since 18/02/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Mr Shoyeb Patel

director · Since 18/02/2010

NONE

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Siraj Patel

25–50% shares
25–50% votes

British · England · Age 55

Unit A, Majestic Building, Dewsbury, WF13 2BE

Notified 06/04/2016

Mr Sajid Patel

25–50% shares
25–50% votes

British · England · Age 53

22, Millwater Avenue, Dewsbury, WF12 9QN

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/07/2015Registered 17/07/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2011Registered 22/06/2011

CompanyRankvs 201+ SIC 46499 peers
75

Financial strength89th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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201Majestic Furnishings Limited
85
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 28/02/2025

Net Worth

£400k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.3M

Current Liabilities

£318k

Fixed Assets

£277k

7avg. employees-2

Balance Sheet

Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.18-£4k
20245.07-£10k
20234.31+£19k
20227.04+£67k
202112.21+£65k
20209.55+£38k
20199.54—

Derived from filed accounts. Not audited figures.