Back to search

May Textile Ltd

08880515

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

81 LOMBARD STREET, BIRMINGHAM, B12 0QR
Incorporated 06/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Haroon Yasin

director · Since 06/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Persons with Significant Control

Mr Haroon Yasin

Significant control

British · England · Age 35

81, Lombard Street, Birmingham, B12 0QR

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/10/2023Registered 17/10/2023

CompanyRankvs 103+ SIC 13990 peers
71

Financial strength93th percentile among SIC peers · 23/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.18× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

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.

Longevity12/15 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

£713k

Balance sheet strength

Cash

£760k

Cash in the bank

Net Current Assets

£710k

Working capital

Current Assets

£1.0M

Current Liabilities

£326k

Fixed Assets

£3k

Debtors

£73k

3avg. employees-2

Balance Sheet

Assets less current liabilities£713k
Signed by 2024-02-29Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.18+£84k
20242.66+£55k
20231.89+£46k
20222.07+£29k
20215.63+£106k
20209.71+£320k
20192.61

Derived from filed accounts. Not audited figures.