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Mega Sales Limited

08924267

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

141 CHEETHAM HILL ROAD, MANCHESTER, M8 8LY
Incorporated 05/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Shanaz Rahim

director · Since 01/09/2022

BUSINESS WOMAN

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Shanaz Azam

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors

British · England · Age 56

141 Cheetham Hill Road, Gnd Floor, Office 2, Manchester, M8 8LY

Notified 01/12/2022

Former PSCs

Mr Shakeel Ahmad

Ceased 10/04/2017

Mr Shakeel Ahmad

Ceased 01/12/2022

CompanyRankvs 9109+ SIC 47990 peers
62

Financial strength62th percentile among SIC peers · 16/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£2k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£907

Working capital

Current Assets

£10k

Current Liabilities

£11k

Fixed Assets

£3k

3avg. employees

Tax at Year End

Corp tax£383
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92
20230.94
20220.84
20210.23+£293
20200.53-£16
20190.26

Derived from filed accounts. Not audited figures.