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Abarna Silks Limited

10158866

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)
  • Negative net worth (-10)

Details

268 LONDON ROAD, CROYDON, CR0 2TH
Incorporated 03/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Mrs Abarna George Balanathan

director · Since 03/05/2016

BEAUTICIAN

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mrs Abarna George Balanathan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

268, London Road, Croydon, CR0 2TH

Notified 03/05/2016

Former PSCs

Mrs Jeyagowri Jeyakumar

Ceased 01/02/2022

Mrs Abarna Jeyakanthan

Ceased 20/09/2018

Mrs Sukirthana Jey

Ceased 16/05/2020

CompanyRankvs 1112+ SIC 47510 peers
56

Financial strength20th percentile among SIC peers · 5/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 13.11× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/05/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£41k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£38k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
202413.11-£15k
2023160.88+£1k
2022183.86+£941
202131.40+£4k
202010.19+£20k
201911.21+£16k
20180.69

Derived from filed accounts. Not audited figures.