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Mks Furniture Limited

08289341

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 BALLINGER WAY, NORTHOLT, UB5 6FG
Incorporated 12/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Gouldi Singh Souni

director · Since 12/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Parabjeet Singh Souni

director · Since 12/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Persons with Significant Control

Mr Gouldi Singh Souni

25–50% shares

British · England · Age 48

16, Ballinger Way, Northolt, UB5 6FG

Notified 01/11/2016

Miss Sumeet Kaur Soni

25–50% shares

British · England · Age 42

16, Ballinger Way, Northolt, UB5 6FG

Notified 31/01/2024

Former PSCs

Mr Parabjeet Singh Souni

Ceased 31/01/2024

CompanyRankvs 4374+ SIC 47599 peers
45

Financial strength12th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.5× · 2/20
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 strength3/25 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.

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.

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 31/03/2025

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£14k

Current Liabilities

£28k

Fixed Assets

£81k

4avg. employees+1

Balance Sheet

Assets less current liabilities£67k
Signed by Mr G Souni,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50-£31k
20241.35-£2k
20230.50-£20k
20221.07
20210.82
20200.34-£12k
20190.64

Derived from filed accounts. Not audited figures.