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Classic (Nottingham) Limited

08078731

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

15 GUNNERSBURY WAY, NOTTINGHAM, NG16 1QD
Incorporated 22/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47722
47722

Officers

Mr Vaibhev Karwal

director · Since 22/05/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Mr Ravinder Nath Karwal

director · Since 18/03/2019

RETAILER

BRITISH · ENGLAND · Age 78

Also on 3 other boards

Persons with Significant Control

Mr Ravinder Nath Karwal

Significant control

British · England · Age 78

12a/B Balloon Wood Ind Est, Coventry Lane, Nottingham, NG9 3GJ

Notified 18/03/2019

Former PSCs

Mr Vaibhev Karwal

Ceased 18/03/2019

CompanyRankvs 122+ SIC 47722 peers
72

Financial strength80th percentile among SIC peers · 20/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

Key FinancialsYear ending 30/06/2021

Net Worth

£16k

Balance sheet strength

Cash

£71

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£50k

Current Liabilities

£34k

Debtors

£32k

2avg. employees

Tax at Year End(2019)

Corp tax£411
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20211.46+£4k
20201.35+£7k
20191.14+£857
20181.11

Derived from filed accounts. Not audited figures.