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Cherry Local Ltd

12011140

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

80-82 ST JAMES'S LANE, MUSWELL HILL, LONDON, UNITE, LONDON, N10 3RD
Incorporated 22/05/2019

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 Taranjit Singh Nagpal

director · Since 22/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Ravinder Singh Sodi

director · Since 22/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Mrs Tajinder Kaur Kapour

director · Since 04/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Taranjit Singh Nagpal

25–50% shares
25–50% votes

British · United Kingdom · Age 48

10, Crescent Parade, Uxbridge, UB10 0LG

Notified 22/05/2019

Mr Ravinder Singh Sodi

25–50% shares
25–50% votes

British · United Kingdom · Age 49

80-82 St James's Lane, Muswell Hill, London, N10 3RD

Notified 22/05/2019

CompanyRankvs 7467+ SIC 47110 peers
62

Financial strength69th percentile among SIC peers · 17/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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7467Cherry Local Ltd
58
How is this score calculated?
Financial strength17/25 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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£25k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

£122k

Current Liabilities

£73k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£53k
Signed by Mr Taranjit Nagpal 17/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£0
20251.68+£9k
20241.43+£8k
20233.15—
20221.76—
20216.08-£3k
20203.61—

Derived from filed accounts. Not audited figures.