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Kushan Newsagents Ltd

09867112

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

187A HERTFORD ROAD, LONDON, N9 7EP
Incorporated 11/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Nishit Harikrishna Patel

director · Since 11/11/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Sonalben Nishit Patel

director · Since 11/11/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Nishit Harikrishna Patel

25–50% shares

British · United Kingdom · Age 61

201-2013, Hertford Road, London, N9 7EP

Notified 10/11/2016

CompanyRankvs 4490+ SIC 47190 peers
67

Financial strength78th percentile among SIC peers · 20/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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4490Kushan Newsagents Ltd
66
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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 30/11/2024

Net Worth

£23k

Balance sheet strength

Cash

£480k

Cash in the bank

Net Current Assets

£427

Working capital

Current Assets

£586k

Current Liabilities

£585k

Fixed Assets

£42k

2avg. employees-4

Tax at Year End(2021)

Corp tax£4k

Balance Sheet

Intangible assets£37k
Bank loans & overdrafts£20k
Assets less current liabilities£43k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£27k
20231.06+£870
20221.20-£13k
20211.40-£2k
20201.49+£9k
20191.16-£584
20181.26—

Derived from filed accounts. Not audited figures.