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Red Rose Discount Ltd

09827204

active
Private Limited Company
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

342 HOLBROOK LANE, COVENTRY, CV6 4BY
Incorporated 16/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores
47650
Retail sale of games and toys in specialised stores

Officers

Mr Jagjit Singh Gurwara

director · Since 16/10/2015

DIRECTOR

AFGHAN · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Manor Singh Sabra

director · Since 16/10/2015

DIRECTOR

GERMAN · ENGLAND · Age 58

Also on 1 other board

Mr Jagmeet Singh Sethi

director · Since 16/10/2015

DIRECTOR

AFGHAN · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Jagmeet Singh Sethi

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

Afghan · England · Age 48

41 Europa Avenue, West Bromwich, B70 6TS

Notified 01/10/2016

Mr Jagjit Singh Gurwara

25–50% shares
25–50% votes

Afghan · United Kingdom · Age 57

105 Bloomsbury Walk, Birmingham, B7 5DQ

Notified 01/10/2016

Mr Manor Singh Sabra

25–50% shares
25–50% votes

German · England · Age 58

9 Siskin Close, Oldbury, B68 9LT

Notified 01/10/2016

CompanyRankvs 9520+ SIC 47110 peers
58

Financial strength66th percentile among SIC peers · 17/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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9520Red Rose Discount Ltd
53
How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 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.

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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£172k

Current Liabilities

£214k

Fixed Assets

£79k

4avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£4k
20230.80-£226
20220.81+£78
20210.79+£4k
20200.85+£12k
20190.64+£534
20181.21—

Derived from filed accounts. Not audited figures.