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Salaam Beverages Co Limited

10378793

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

C/O DIGIT ACCOUNTANTS, STANMORE, HA7 3NH
Incorporated 16/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
47250
Retail sale of beverages in specialised stores

Officers

Mr Usmaan Mohammed Sheikh

director · Since 28/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Salaam Beverages Co Limited

75–100% shares
75–100% votes

T Cube, 8-9 Westmoreland Street, Dublin

Reg: 686312 · Ireland Companies Registry · Ltd - Private Company Limited By Shares

Notified 17/07/2024

Former PSCs

Syed Ali Raza

Ceased 17/10/2022

Mr Sulaymaan Tariq Sheikh

Ceased 28/07/2023

Mr Usmaan Mohammed Sheikh

Ceased 01/03/2024

Mr Usmaan Mohammed Sheikh

Ceased 17/07/2024

Mr Liaqut Hussain Shah

Ceased 01/03/2024

CompanyRankvs 15200+ SIC 47190 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength1/25 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.

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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£65k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£984k

Current Liabilities

£1.1M

Debtors

£714k

2avg. employees+1

Balance Sheet

Intangible assets£30k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£52k
20230.09

Derived from filed accounts. Not audited figures.