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Saidhoon Ltd

11936913

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

137 AVON ROAD, UPMINSTER, RM14 1RQ
Incorporated 10/04/2019

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 Nareshbhai Vitthalbhai Patel

director · Since 10/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Nareshbhai Vitthalbhai Patel

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

British · United Kingdom · Age 54

64, Marlborough Gardens, Upminster, RM14 1SG

Notified 10/04/2019

Mrs Dhrutiben Nareshbhai Patel

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

Indian · England · Age 43

137, Avon Road, Upminster, RM14 1RQ

Notified 31/03/2021

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/10/2021Registered 28/10/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/06/2020Registered 29/06/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/04/2020Registered 24/04/2020

CompanyRankvs 6953+ SIC 47110 peers
49

Financial strength87th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity7/15 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

£89k

Balance sheet strength

Cash

£158k

Cash in the bank

Net Current Assets

-£423k

Working capital

Current Assets

£210k

Current Liabilities

£632k

Fixed Assets

£695k

7avg. employees+1

Tax at Year End

Corp tax£21k
VAT£8k

Director Loans

Company owes directors£187k

Balance Sheet

Intangible assets£145k
Assets less current liabilities£272k
Signed by Mr Nareshbhai Patel 18 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.33+£9k£161k
20240.24+£31k
20230.19+£39k
20220.12-£875
20210.49

Derived from filed accounts. Not audited figures.