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Retail Direct Limited

09071982

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10 WOODFORD TRADING ESTATE, WOODFORD GREEN, IG8 8HF
Incorporated 05/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Muntizer Abbas Hussain

director · Since 05/06/2014

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Syed Asad Hussain

director · Since 05/07/2023

BUSINESS EXECUTIVE

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Persons with Significant Control

Laptop Outlet Ltd

75–100% shares

Unit 10, Woodford Trading Estate, Southend Road, Woodford Green, IG8 8HF

Reg: 7267226 · England And Wales · Private Limited Company

Notified 08/04/2016

Mr Syed Asad Hussain

25–50% shares

British · England · Age 60

1170, Eastern Avenue, Ilford, IG2 7SD

Notified 05/01/2019

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/07/2024Registered 08/07/2024

CompanyRankvs 57027+ SIC 96090 peers
37

Financial strength70th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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.

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 31/12/2024

Net Worth

£12k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£327k

Working capital

Current Assets

£35k

Current Liabilities

£361k

Debtors

£18k

Balance Sheet

Intangible assets£372k
Assets less current liabilities£46k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10+£1k
20237.21-£153k
20223.58+£126
20212.21-£9k
20201.95+£47k
20191.55+£56k
20181.20

Derived from filed accounts. Not audited figures.