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Finchley Local Store Ltd

12156108

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O SMITH KING & CO., HARROW, HA3 0HQ
Incorporated 14/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
63910
News agency activities

Officers

Mr Pranavkumar Nitinbhai Bhatt

director · Since 14/08/2019

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 43

Ms Harshaben Vijay Patel

director · Since 14/08/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Pranavkumar Nitinbhai Bhatt

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

Indian · England · Age 43

28, Macdonald Road, London, N11 3JB

Notified 14/08/2019

Ms Harshaben Vijay Patel

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

British · England · Age 47

28, Macdonald Road, London, N11 3JB

Notified 14/08/2019

CompanyRankvs 6144+ SIC 47110 peers
51

Financial strength71th percentile among SIC peers · 18/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6144Finchley Local Store Ltd
61
How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 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

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 directors have 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

Key FinancialsYear ending 31/08/2025

Net Worth

£29k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£143k

Current Liabilities

£119k

Fixed Assets

£93k

4avg. employees

Balance Sheet

Intangible assets£32k
Assets less current liabilities£117k
Signed by Mr Pranavkumar Nitinbhai Bhatt 12th March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.20+£14k
20240.56+£1k
20230.66—

Derived from filed accounts. Not audited figures.