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Fashiontex Limited

12242971

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

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

Compliance

Last accounts

31/10/2023

total exemption full

Next accounts due

31/10/2025

Overdue

Confirmation statement

Last: 30/09/2024

Due 14/10/2025

Overdue

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

Insolvency History1 case

creditors voluntary liquidation30/09/2025

Tauseef Ahmed Rashid (practitioner)

CompanyRankvs 15+ SIC 47710 peers
32

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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 Ratio
20237.78

Derived from filed accounts. Not audited figures.