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Shagun Weddings Limited

09923958

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

309 HOE STREET, WALTHAMSTOW, E17 9BG
Incorporated 21/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Kiran Malkan

director · Since 21/12/2015

MANAGER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Geeta Mehta

director · Since 21/12/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Prakash Mehta

secretary · Since 10/07/2023

Persons with Significant Control

Mr Kiran Malkan

25–50% shares

British · England · Age 52

309, Hoe Street, Walthamstow, E17 9BG

Notified 18/12/2020

Former PSCs

Mrs Geeta Mehta

Ceased 01/03/2019

Mr Prakash Shantilal Mehta

Ceased 18/12/2020

CompanyRankvs 959+ SIC 56210 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£276k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

£157k

Working capital

Current Assets

£1.1M

Current Liabilities

£865k

Fixed Assets

£316k

Debtors

£971k

12avg. employees-4

Tax at Year End(2023)

Corp tax£17k

Balance Sheet

Bank loans & overdrafts£55k
Assets less current liabilities£472k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£65k
20230.79+£145k
20210.90+£346k
20200.64-£91k
20190.46-£2k
20180.42

Derived from filed accounts. Not audited figures.