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Tradace Ltd

10753358

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

32 PRINCE ROAD, SOUTH NORWOOD, SE25 6NW
Incorporated 04/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
66300
Fund management activities

Officers

Mr Nishanth Karayi

director · Since 04/05/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 8 other boards

Persons with Significant Control

Karayi Group Limited

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

15 Renton Drive, Orpington, United Kingdom, BR5 4HH

Reg: 11563339 · England Wales · Limited Company

Notified 11/09/2018

Npower Solutions Limited

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

5 Foxglove Close,, West Drayton, UB7 9GA

Reg: 06503650 · England And Wales · Limited Company

Notified 21/09/2019

Former PSCs

Mr Nishanth Karayi

Ceased 11/09/2018

Mr Suraj Rajan

Ceased 21/09/2019

Charges2 outstanding

Charge
outstanding

ASKIF FUNDING (SERIES 2019-1) LIMITED

Created 26/05/2021Registered 01/06/2021
Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 10/08/2018Registered 23/08/2018

CompanyRankvs 12909+ SIC 46900 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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44
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.

Employees7/15 pts

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

Liquidity16/20 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 30/05/2021

Net Worth

-£73k

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£357k

Current Liabilities

£223k

Debtors

£66k

1avg. employees

Balance Sheet

Assets less current liabilities£134k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.60

Derived from filed accounts. Not audited figures.