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Lash Retail Ltd

11990159

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

146 HOWARD ROAD, UPMINSTER, RM14 2UU
Incorporated 10/05/2019

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 Kailasapillai Sivathasan

director · Since 10/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Mr Kailasapillai Sivathasan

75–100% shares

British · United Kingdom · Age 48

146, Howard Road, Upminster, RM14 2UU

Notified 10/05/2019

Charges7 outstanding

Charge
outstanding

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CompanyRankvs 2229+ SIC 47110 peers
54

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorized for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de

Key FinancialsYear ending 29/02/2024

Turnover

£11.7M

Annual revenue

Net Worth

£494k

Balance sheet strength

Cash

£661k

Cash in the bank

Profit Before Tax

£209k

Bottom line earnings

Net Current Assets

£45k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.9M

Fixed Assets

£2.4M

Debtors

£880k

Cost of Sales

£9.1M

Gross Profit

£2.6M

Admin Expenses

£2.5M

Operating Profit

£406k

Profit After Tax

£151k

120avg. employees-124

Tax at Year End

Corp tax£140k

People Costs

Wages & salaries£1.4M
NI contributions£79k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02+£151k
20230.64+£126k
20220.53+£81k
20212.53

Derived from filed accounts. Not audited figures.