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L G Convenience Store Ltd

10412669

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

33 UPPER BLOOMFIELD ROAD, ODD DOWN, BA2 2RY
Incorporated 06/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47250
Retail sale of beverages in specialised stores

Officers

Mrs Latha Gowthaman

director · Since 06/10/2016

MANAGER

BRITISH · ENGLAND · Age 50

Velian Chinniah Naganarthan

director · Since 06/10/2016

MANAGER

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mrs Latha Gowthaman

25–50% shares

British · England · Age 50

33, Upper Bloomfield Road, Odd Down, BA2 2RY

Notified 06/10/2016

Mr Velian Chinniah Naganarthan

25–50% shares

British · England · Age 57

33, Upper Bloomfield Road, Odd Down, BA2 2RY

Notified 01/11/2018

Former PSCs

Velian Chinniah Naganarthan

Ceased 06/10/2016

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 16/04/2024Registered 16/04/2024

CompanyRankvs 698+ SIC 47250 peers
56

Financial strength80th percentile among SIC peers · 20/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.2× · 12/20
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 strength20/25 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.

Liquidity12/20 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 31/10/2024

Net Worth

£40k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£115k

Current Liabilities

£96k

Fixed Assets

£28k

Debtors

£4k

3avg. employees-2

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£47k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£10k
20231.18+£7k
20221.21+£6k
20211.73
20201.48
20190.92
20180.89

Derived from filed accounts. Not audited figures.