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Herbal Traditions Ltd

09093807

active
Private Limited Company
england wales
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

19A GREEN LANE, ILFORD, IG1 1XG
Incorporated 19/06/2014

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

25/06/2026

On track

Confirmation statement

Last: 14/06/2025

Due 28/06/2026

On track

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Atiq Ul Haque

director · Since 19/06/2014

BUSINESS

BRITISH · ENGLAND · Age 53

Also on 9 other boards

Persons with Significant Control

Mr Atiqul Haque

Significant control

British · England · Age 53

19a, Green Lane, Ilford, IG1 1XG

Notified 06/04/2016

CompanyRankvs 2935+ SIC 47290 peers
56

Financial strength71th percentile among SIC peers · 18/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.96× · 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 strength18/25 pts

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

Employees5/15 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 30/06/2024

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£53k

Current Liabilities

£55k

Fixed Assets

-£265

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£27k
20230.86+£18k
20221.08+£11k
20211.04+£3k
20200.96-£7k
20180.38

Derived from filed accounts. Not audited figures.