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Decorect Limited

10523847

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

PASHA & CO., LONDON, NW11 8SR
Incorporated 13/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Meyer Rapaport

secretary · Since 13/12/2016

Also on 5 other boards

Mr Meyer Rapaport

director · Since 13/12/2016

DIRECTOR

ENGLISH · ENGLAND · Age 42

Also on 5 other boards

Abraham Friedman

director · Since 05/09/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Meyer Rapaport

Significant control

English · England · Age 42

Michael Pasha & Co, 220 The Vale, London, NW11 8SR

Notified 13/12/2016

CompanyRankvs 1130+ SIC 47520 peers
62

Financial strength71th percentile among SIC peers · 18/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 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.

Longevity9/15 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 30/12/2024

Net Worth

£99k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£207k

Working capital

Current Assets

£441k

Current Liabilities

£647k

Fixed Assets

£652k

Debtors

£124k

11avg. employees

Balance Sheet

Assets less current liabilities£446k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.68-£21k
20230.70-£7k
20220.60+£122k
20210.62+£4k
20201.07-£54k
20191.15+£24k
20181.04

Derived from filed accounts. Not audited figures.