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Shopovation Limited

11369573

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

21 STATION ROAD, C/O TWIN TECHNOLOGY LTD,, WATFORD, WD17 1AP
Incorporated 18/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals
47789
Other retail sale of new goods in specialised stores
47990
Other retail sale not in stores, stalls or markets
63990
Other information service activities

Officers

Mr Lalit Rach

secretary · Since 18/05/2018

Also on 3 other boards

Mr Tejinder Singh Ghai

director · Since 18/05/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Chirag Rach

director · Since 18/05/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Lalit Rach

director · Since 18/05/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Lalit Rach

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

British · England · Age 55

21, Station Road, C/O Twin Technology Ltd,, Watford, WD17 1AP

Notified 18/05/2018

Mr Chirag Rach

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

British · England · Age 55

21, Station Road, C/O Twin Technology Ltd,, Watford, WD17 1AP

Notified 18/05/2018

Mr Tejinder Singh Ghai

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

British · England · Age 53

21, Station Road, C/O Twin Technology Ltd,, Watford, WD17 1AP

Notified 18/05/2018

CompanyRankvs 749+ SIC 46120 peers
45

Financial strength30th percentile among SIC peers · 8/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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5Banwy Fuels Limited
90
6C.P.S. Fuels Limited
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7Rose Gas Limited
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8Stevenage Oil Company Limited
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9Paul Cooper Transport Limited
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10Gbr Technology Limited
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749Shopovation Limited
45
How is this score calculated?
Financial strength8/25 pts

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

Employees12/15 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.

Longevity8/15 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 31/05/2025

Net Worth

£100

Balance sheet strength

Cash

£161

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£20k

Current Liabilities

£54k

Debtors

£20k

3avg. employees

Balance Sheet

Intangible assets£27k
Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.37
20240.37
20230.37
20220.37
20210.37

Derived from filed accounts. Not audited figures.