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9stars Innovations Limited

09372015

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

STORAGE MART BLACKBURN ROAD, DUNSTABLE, LU5 5BQ
Incorporated 02/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Nitesh Jayantilal Kukadia

director · Since 21/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 8 other boards

Persons with Significant Control

Mr Nitesh Jayantilal Kukadia

75–100% shares

British · United Kingdom · Age 59

Storage Mart, Blackburn Road, Dunstable, LU5 5BQ

Notified 21/09/2016

Charges0 outstanding

Charge
satisfied

ONYX ACCOUNTANTS LIMITED

Created 30/11/2016Registered 06/12/2016Satisfied 13/08/2020

CompanyRankvs 1630+ SIC 46150 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity11/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/12/2022

Net Worth

-£486k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£347k

Working capital

Current Assets

£111k

Current Liabilities

£458k

Fixed Assets

£14k

Debtors

£33k

2avg. employees

Balance Sheet

Intangible assets£5k
Assets less current liabilities-£334k
Signed by Mr Nitesh Kukadia 28/09/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.24-£85k
20210.17+£42k
20200.21-£31k
20190.25-£105k
20180.30—

Derived from filed accounts. Not audited figures.