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Sawans Fitness Gear Ltd

11573937

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)
  • Negative net worth (-10)

Details

UNIT 5, OLDBURY, B69 3FH
Incorporated 18/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods
46420
Wholesale of clothing and footwear
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47722
47722

Officers

Mr Bilal Mushtaq

secretary · Since 18/09/2018

Also on 2 other boards

Mr Bilal Mushtaq

director · Since 18/09/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Bilal Mushtaq

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 37

27, Warrington Avenue, Slough, SL1 3BG

Notified 18/09/2018

CompanyRankvs 604+ SIC 32300 peers
51

Financial strength21th percentile among SIC peers · 5/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.88× · 16/20
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.

Employees7/15 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.

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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£27k

Current Liabilities

£14k

1avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88-£12k
20232.47+£4k
20222.20+£4k
20210.96-£164
20201.04

Derived from filed accounts. Not audited figures.