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Prestige Local Ltd

10664041

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

88-94 STOCKPORT ROAD, ASHTON UNDER LYNE, OL7 0LH
Incorporated 10/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Azim Nawaz

director · Since 10/03/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Badar Nawaz

director · Since 10/03/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 4 other boards

Persons with Significant Control

Mr Azim Nawaz

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

British · England · Age 46

44 Crescent Road, Dukinfield, SK16 4EU

Notified 10/03/2017

Mr Badar Nawaz

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

British · United Kingdom · Age 42

44 Crescent Road, Dukinfield, SK16 4EU

Notified 10/03/2017

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 08/10/2019Registered 14/10/2019

CompanyRankvs 5393+ SIC 47110 peers
53

Financial strength24th percentile among SIC peers · 6/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.85× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5393Prestige Local Ltd
63
How is this score calculated?
Financial strength6/25 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.

Liquidity20/20 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.

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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£126k

Working capital

Current Assets

£194k

Current Liabilities

£68k

Fixed Assets

£18k

Debtors

£93k

8avg. employees-1

Tax at Year End(2021)

Corp tax£21k
Dividends paid£8k

Balance Sheet

Assets less current liabilities£144k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.85
20244.84
20234.05
20223.93
20214.57
20204.41
20192.79

Derived from filed accounts. Not audited figures.