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Essex Retailer Ltd

09984559

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

417 ST. JOHNS ROAD, CLACTON-ON-SEA, CO16 8DU
Incorporated 03/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Pragneshkumar Natubhai Patel

director · Since 03/02/2016

BUSINESSMAN

INDIAN · ENGLAND · Age 35

Persons with Significant Control

Mr Pragneshkumar Natubhai Patel

75–100% shares

Indian · England · Age 35

417, St. Johns Road, Clacton-On-Sea, CO16 8DU

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ATOM BANK PLC

Created 18/07/2022Registered 20/07/2022
Charge
outstanding

ATOM BANK PLC

Created 18/07/2022Registered 20/07/2022

CompanyRankvs 8213+ SIC 47110 peers
50

Financial strength88th percentile among SIC peers · 22/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees7/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£155k

Current Liabilities

£245k

Fixed Assets

£506k

3avg. employees

Balance Sheet

Assets less current liabilities£416k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.63+£0
20250.63+£14k
20240.87+£10k
20230.87+£13k
20221.24+£7k
20211.13+£9k
20201.12+£6k
20191.10

Derived from filed accounts. Not audited figures.