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Nordic Seed Design Limited

11627196

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

50 WOODGATE, LEICESTER, LE3 5GF
Incorporated 17/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46160
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

Officers

Mr Umar Bux

director · Since 17/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 27

Also on 10 other boards

Persons with Significant Control

Magnifique Hospitality Limited

Significant control

50, Woodgate, Leicester, LE3 5GF

Reg: 10148890 · England And Wales · Limited Company

Notified 03/04/2019

Former PSCs

Hvm Group Of Companies Limited

Ceased 03/04/2019

Mr Umar Bux

Ceased 28/11/2023

Charges1 outstanding

Charge
outstanding

NPIF NW DEBT LP ACTING BY NORTH WEST LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF NW DE

Created 01/07/2021Registered 07/07/2021

CompanyRankvs 3243+ SIC 46160 peers
21

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.9× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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3243Nordic Seed Design Limited
36
How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concer

Key FinancialsYear ending 31/10/2022

Net Worth

-£20k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£2.1M

Current Liabilities

£1.1M

Fixed Assets

£146

Debtors

£2.1M

Tax at Year End(2019)

Corp tax£3k

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr Umar Bux 18th December 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.90-£66k
202149.89+£32k
20202.19-£1k
20192.77—

Derived from filed accounts. Not audited figures.