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Shara Petroleum Ltd

11436351

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LONDIS UNIT 2B, SWINDON, SN5 8UB
Incorporated 27/06/2018

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

Mrs Shara Jayadevan

director · Since 27/06/2018

PROPRIETOR

AUSTRALIAN · ENGLAND · Age 34

Also on 2 other boards

Mr Sugeshan Jegasothy

director · Since 27/06/2018

PROPRIETOR

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Persons with Significant Control

Mr Sugeshan Jegasothy

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

British · England · Age 46

Londis, Unit 2b, Swindon, SN5 8UB

Notified 27/06/2018

Mrs Shara Jayadevan

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

Australian · England · Age 34

7, Lopes Close, Melksham, SN12 7GT

Notified 01/03/2023

CompanyRankvs 4370+ SIC 47110 peers
66

Financial strength71th percentile among SIC peers · 18/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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4370Shara Petroleum Ltd
66
How is this score calculated?
Financial strength18/25 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.

Liquidity12/20 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 30/06/2025

Net Worth

£30k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£226k

Current Liabilities

£175k

8avg. employees

Tax at Year End

Corp tax£17k

Director Loans

Company owes directors£35k

Balance Sheet

Assets less current liabilities£51k
Signed by Mr Sugeshan Jegasothy 19/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£0
20251.29+£22k
20242.11+£2k
20231.10-£93
20221.17-£11k
20211.32—

Derived from filed accounts. Not audited figures.