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M & S Stores 2 Ltd

12165286

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

119 CHAPEL STREET, LEIGH, WN7 2AL
Incorporated 20/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores

Officers

Mr Rameshchandra Manilal Patel

director · Since 20/08/2019

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Mr Rameshchandra Manilal Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 55

119, Chapel Street, Leigh, WN7 2AL

Notified 20/08/2019

CompanyRankvs 13346+ SIC 47110 peers
45

Financial strength16th percentile among SIC peers · 4/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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13346M & S Stores 2 Ltd
44
How is this score calculated?
Financial strength4/25 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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£947

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£26k

Current Liabilities

£24k

Fixed Assets

£46k

3avg. employees

Balance Sheet

Assets less current liabilities£48k
Signed by Mr RAMESHCHANDRA PATEL 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.08
20231.89
20222.71
20215.80

Derived from filed accounts. Not audited figures.