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Nilkanth Retail Enterprise Ltd

12205599

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

GO LOCAL EXTRA OLDHAM RD, ROCHDALE, OL11 2AT
Incorporated 13/09/2019

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 Sasikant Kesra Patel

director · Since 13/09/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mrs Sonal Sasikant Patel

director · Since 02/08/2023

COMPANY DIRECTOR

INDIAN · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mr Sasikant Kesra Patel

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 51

4 Parkfield Close, Rochdale, OL16 4AG

Notified 13/09/2019

Former PSCs

Mr Anil Naran Velji

Ceased 01/10/2023

CompanyRankvs 3506+ SIC 47110 peers
70

Financial strength66th percentile among SIC peers · 17/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.69× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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3506Nilkanth Retail Enterprise Ltd
69
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.

Employees11/15 pts

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

Liquidity20/20 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 30/09/2025

Net Worth

£22k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£91k

Current Liabilities

£34k

Fixed Assets

£59k

Debtors

£6k

5avg. employees-2

Tax at Year End(2021)

Dividends paid£16k

Balance Sheet

Assets less current liabilities£116k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.69-£8k
20243.14+£2k
20232.45+£1k
20223.86-£6k
20215.51—

Derived from filed accounts. Not audited figures.