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Masala Plus Ltd

10954198

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

328 LEY STREET, ILFORD, IG1 4AF
Incorporated 08/09/2017

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Manawer Iqbal Hakim

director · Since 08/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Manawer Iqbal Hakim

75–100% shares

British · United Kingdom · Age 63

328, Ley Street, Ilford, IG1 4AF

Notified 08/09/2017

CompanyRankvs 18005+ SIC 56103 peers
53

Financial strength18th percentile among SIC peers · 5/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength5/25 pts

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

Employees8/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£6k

Current Liabilities

£4k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£28
20232.72-£2k
20223.32-£7k
20213.82+£10k
20202.03-£2k
20190.10-£3k
20180.25

Derived from filed accounts. Not audited figures.