N Butt & Sons Limited
10229631
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/06/2016
ENTREPRENEUR
PAKISTANI · UNITED KINGDOM · Age 33
Also on 1 other board
Persons with Significant Control
Mr Muhammed Faseh Butt
Pakistani · England · Age 33
G02 Hodgeson House, 26 Christian Street, London, E1 1AY
Notified 11/06/2017
Former PSCs
Mr Naveed Butt
Ceased 27/07/2021
CompanyRankvs 28593+ SIC 56103 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2024
Net Worth
-£172k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£99k
Current Liabilities
£191k
Fixed Assets
£60k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.52 | +£155 |
| 2023 | 0.76 | +£30k |
| 2022 | 1.00 | +£6k |
| 2021 | 1.12 | +£24k |
| 2020 | 0.49 | -£59k |
| 2019 | 0.24 | -£85k |
| 2018 | 0.57 | — |
Derived from filed accounts. Not audited figures.