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Virginia Quay (Budgens) Limited

07750508

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

1 NEWPORT AVENUE, LONDON, E14 2ED
Incorporated 23/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Hiteshkumar Patel

secretary · Since 23/08/2011

Also on 2 other boards

Mr Ashit Patel

director · Since 23/08/2011

SHOP OWNER

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mrs Gitanjali Patel

director · Since 02/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Jayesh Patel

director · Since 02/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Hiteshkumar Patel

director · Since 03/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Hiteshkumar Patel

Appoint directors

British · England · Age 57

1, Newport Avenue, London, E14 2ED

Notified 13/08/2024

Former PSCs

Mr Hiteshkumar Patel

Ceased 01/08/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/04/2025Registered 02/04/2025
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/10/2024Registered 26/10/2024

CompanyRankvs 946+ SIC 47110 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.71× · 16/20
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 strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£387k

Balance sheet strength

Cash

£433k

Cash in the bank

Net Current Assets

£247k

Working capital

Current Assets

£595k

Current Liabilities

£348k

Fixed Assets

£225k

Debtors

£109k

26avg. employees-4

Balance Sheet

Intangible assets£10
Assets less current liabilities£472k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.71+£287k
20230.91-£153k
20220.97+£8k
20211.41+£49k
20201.46+£109k
20191.25

Derived from filed accounts. Not audited figures.