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Desoto Ltd

09719830

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O NEUM INSOLVENCY, SUITE 9, AMBA HOUSE, HARROW, HA1 1BA
Incorporated 05/08/2015

Compliance

Last accounts

30/06/2023

micro entity

Accounts

Up to date

Confirmation statement

Last: 23/02/2024

Due

On track

Industry

46420
Wholesale of clothing and footwear
47910
Retail sale via mail order houses or via Internet

Officers

Mr Nirvair Singh Chadha

director · Since 15/04/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 12 other boards

Persons with Significant Control

Mr Nirvair Singh Chadha

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 62

C/O Neum Insolvency, Suite 9, Amba House, 15 College Road, Harrow, HA1 1BA

Notified 15/04/2016

Former PSCs

Mrs Kawalpal Kaur Chadha

Ceased 15/04/2016

Insolvency History1 case

members voluntary liquidation15/10/2024

Umang Patel (practitioner)

CompanyRankvs 15+ SIC 46420 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 72.86× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2023

Net Worth

£622k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£609k

Working capital

Current Assets

£617k

Current Liabilities

£8k

Fixed Assets

£14k

1avg. employees

Balance Sheet

Assets less current liabilities£623k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202372.86

Derived from filed accounts. Not audited figures.