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Mydecorstore Ltd

12230552

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)
  • Current liabilities exceed current assets (-10)

Details

SUITE 9,, LONDON, SW7 5PE
Incorporated 27/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing
46900
Non-specialised wholesale trade

Officers

Mr Omar Saja Madi

director · Since 27/09/2019

MANAGER

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Omar Saja Madi

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

British · England · Age 32

Suite 9,, 1 Queens Gate Terrace, London, SW7 5PE

Notified 27/09/2019

Former PSCs

Mr Saja Fouad Madi

Ceased 31/08/2023

CompanyRankvs 9090+ SIC 32990 peers
50

Financial strength54th percentile among SIC peers · 14/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.99× · 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 strength14/25 pts

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

Employees8/15 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 30/09/2024

Net Worth

£14k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£938

Working capital

Current Assets

£162k

Current Liabilities

£163k

Fixed Assets

£18k

2avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£3k
20231.00+£8k
20211.01+£2k
20200.99

Derived from filed accounts. Not audited figures.