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Itehad Fabrics Limited

11018899

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

349 STRATFORD ROAD, BIRMINGHAM, B11 4AA
Incorporated 18/10/2017

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Wasim Hussain

director · Since 18/10/2017

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Wasim Hussain

75–100% shares
75–100% votes

Pakistani · United Kingdom · Age 43

349, Stratford Road, Birmingham, B11 4AA

Notified 18/10/2017

CompanyRankvs 10281+ SIC 47710 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength1/25 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.

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 31/10/2024

Net Worth

-£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£33k

Current Liabilities

£111k

5avg. employees

Balance Sheet

Assets less current liabilities-£78k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£28k
20230.44-£38k
20220.88-£23k
20214.34+£6k
202034.71+£7k
20190.24+£4k
20180.05

Derived from filed accounts. Not audited figures.