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Red Miracle (Nuneaton) Ltd

11642236

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

24 CANUTE HOUSE, BRENTFORD, TW8 8HP
Incorporated 25/10/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Arvinder Singh Salariya

director · Since 25/10/2018

ENTREPRENEUR

BRITISH · ENGLAND · Age 61

Also on 20 other boards

Mr Ahsan Javed

director · Since 31/08/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 10 other boards

Ms Kimberley Kaur Saini

director · Since 31/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 12 other boards

Persons with Significant Control

Mr Arvinder Singh Salariya

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

British · England · Age 61

138 Wood Lane, Isleworth, TW7 5EQ

Notified 25/10/2018

Former PSCs

Mrs Baljeet Kaur Salariya

Ceased 26/09/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/01/2019Registered 24/01/2019

CompanyRankvs 4437+ SIC 47290 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£2.2M

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

-£2.6M

Working capital

Current Assets

£424k

Current Liabilities

£3.1M

Fixed Assets

£2.2M

Debtors

£291k

117avg. employees-1

Tax at Year End(2022)

Corp tax£62k

Balance Sheet

Intangible assets£1.7M
Bank loans & overdrafts£2.2M
Assets less current liabilities-£456k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£515k
20240.24-£617k
20230.16-£492k
20220.30-£265k
20210.48+£400k
20200.20

Derived from filed accounts. Not audited figures.