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Kondas Trade Ltd

10501913

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

118-120 WOODSEND ROAD, FLIXTON, M41 8QZ
Incorporated 29/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mrs Sudha Bomma

director · Since 29/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Kishore Kumar Reddy Konda

director · Since 06/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mrs Sudha Bomma

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

British · England · Age 41

118-120, Woodsend Road, Flixton, M41 8QZ

Notified 29/11/2016

Mr Kishore Kumar Reddy Konda

50–75% shares
50–75% votes
Appoint directors

British · England · Age 47

118-120, Woodsend Road, Flixton, M41 8QZ

Notified 06/06/2019

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/11/2022Registered 02/12/2022
Charge
outstanding

HSBC UK BANK PLC

Created 23/09/2022Registered 05/10/2022

CompanyRankvs 14698+ SIC 47110 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength2/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/11/2024

Net Worth

-£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£265k

Working capital

Current Assets

£106k

Current Liabilities

£371k

Fixed Assets

£455k

9avg. employees+1

Balance Sheet

Assets less current liabilities£190k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29+£7k
20230.22+£2k
20220.01-£51k
20217.08
20201.61
20190.55
20180.53

Derived from filed accounts. Not audited figures.