Back to search

Shop Local Limited

08933208

active
Private Limited Company
england wales
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

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 11/03/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/03/2025

Due 24/03/2026

Overdue

Industry

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

Officers

Mr Mehulkumar Sureshbhai Patel

director · Since 11/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Mehulkumar Sureshbhai Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

27, Old Gloucester Street, London, WC1N 3AX

Notified 06/04/2016

Mrs Praveena Govindharaj

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 34

27, Old Gloucester Street, London, WC1N 3AX

Notified 06/04/2016

Mrs Angayarkanni Parthasarathi

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

27, Old Gloucester Street, London, WC1N 3AX

Notified 06/04/2016

CompanyRankvs 15319+ SIC 47110 peers
43

Financial strength12th percentile among SIC peers · 3/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees7/15 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 31/03/2025

Net Worth

-£8k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£189k

Current Liabilities

£196k

Fixed Assets

£13k

Debtors

-£501

3avg. employees

Tax at Year End

VAT-£11k

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£6k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.97-£135k
20243.86+£2k
20234.33+£11k£37k
20223.76+£68k£42k
20212.64+£17k£410k
20205.22+£4k
201925.84

Derived from filed accounts. Not audited figures.