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Fashiontex Limited

12242971

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

YEW TREE BUSINESS HUB 153 YEW TREE LANE, BIRMINGHAM, B26 1AY
Incorporated 03/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Ashish Morar

director · Since 03/10/2019

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Ashish Morar

75–100% shares
75–100% votes

British · United Kingdom · Age 44

Yew Tree Business Hub 153, Yew Tree Lane, Birmingham, B26 1AY

Notified 03/10/2019

CompanyRankvs 15+ SIC 47710 peers
42

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 7.78× · 20/20
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 strength0/25 pts

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

Employees0/15 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 31/10/2023

Net Worth

£111k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£837k

Working capital

Current Assets

£961k

Current Liabilities

£124k

Fixed Assets

£7k

Debtors

£80k

0avg. employees

Balance Sheet

Bank loans & overdrafts£714k
Assets less current liabilities£844k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20237.78+£60k
20225.11+£22k
20211.08
2020Infinity

Derived from filed accounts. Not audited figures.