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Rishan News Limited

10057011

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

80 TRAFALGAR ROAD, HORSHAM, RH12 2QL
Incorporated 11/03/2016

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 Chirag Thakkar

director · Since 11/03/2016

CUSTOMER SERVICE ASSISTANT

INDIAN · ENGLAND · Age 41

Persons with Significant Control

Mr Chirag Thakkar

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

Indian · England · Age 41

80, Trafalgar Road, Horsham, RH12 2QL

Notified 06/04/2016

Mrs Shraddha Thakkar

25–50% shares
25–50% votes

British · England · Age 41

80, Trafalgar Road, Horsham, RH12 2QL

Notified 23/08/2023

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 15/01/2018Registered 17/01/2018

CompanyRankvs 4688+ SIC 47110 peers
55

Financial strength44th percentile among SIC peers · 11/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.15× · 20/20
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 strength11/25 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.

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.

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 31/03/2025

Net Worth

£4k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£103k

Current Liabilities

£48k

Fixed Assets

£55k

Debtors

£31k

4avg. employees+1

Tax at Year End

VAT£6k

Director Loans(2021)

Company owes directors£24k

Balance Sheet

Intangible assets£41k
Bank loans & overdrafts£107k
Assets less current liabilities£110k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.15+£673£114k
20241.72-£18k
20231.52+£18k
20222.28+£535
20210.78-£589£91k
20200.58+£890£120k
20190.66£60k

Derived from filed accounts. Not audited figures.