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New Shape Ltd

12196263

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

12 CHAPEL ROAD, ILFORD, IG1 2AG
Incorporated 09/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46450
Wholesale of perfume and cosmetics
46690
Wholesale of other machinery and equipment
46900
Non-specialised wholesale trade

Officers

Mr Muhammad Gulzar

director · Since 22/03/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Persons with Significant Control

Former PSCs

Ms Rabia Javaid

Ceased 01/12/2023

CompanyRankvs 2844+ SIC 46450 peers
42

Financial strength6th percentile among SIC peers · 2/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2021

Net Worth

-£56k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£114k

Current Liabilities

£128k

Fixed Assets

£8k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20210.89-£29k
20201.13

Derived from filed accounts. Not audited figures.