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Sarthak Retail Limited

11468912

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

122 ALEXANDRA PARK ROAD, LONDON, N10 2AH
Incorporated 17/07/2018

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

Mr Gaurang Lalitkumar Sanghani

director · Since 17/07/2018

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Gaurang Lalitkumar Sanghani

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

British · United Kingdom · Age 39

122, Alexandra Park Road, London, N10 2AH

Notified 17/07/2018

Mrs Chitra Sanghani

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

British · England · Age 41

122, Alexandra Park Road, London, N10 2AH

Notified 10/09/2023

Former PSCs

Mr Gaurang Lalitkumar Depala

Ceased 10/09/2023

CompanyRankvs 17364+ SIC 47110 peers
39

Financial strength21th percentile among SIC peers · 5/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity8 years trading (max 15) · 8/15
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.

Employees5/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

£2

Balance sheet strength

Cash

£234k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£270k

Current Liabilities

£295k

Fixed Assets

£30k

Profit After Tax

£38k

2avg. employees

Tax at Year End

Corp tax£12k
Dividends paid£50k

Balance Sheet

Intangible assets£16k
Assets less current liabilities£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91
20231.05-£35k
20221.20+£20k
20211.24+£9k
20202.13+£18k
20191.03

Derived from filed accounts. Not audited figures.