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Karma Supermarket Limited

12243407

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

57 SOUTHWARK PARK ROAD, LONDON, SE16 3TY
Incorporated 04/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Kunalkumar Babubhai Vaghasiya

director · Since 04/10/2019

DIRECTOR

INDIAN · ENGLAND · Age 38

Also on 1 other board

Mr Himanshu Ramjibhai Thummar

director · Since 20/10/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Persons with Significant Control

Mr Kunalkumar Babubhai Vaghasiya

75–100% shares

Indian · England · Age 38

57, Southwark Park Road, London, SE16 3TY

Notified 04/10/2019

CompanyRankvs 13156+ SIC 47110 peers
50

Financial strength68th percentile among SIC peers · 17/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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13156Karma Supermarket Limited
45
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.

Employees5/15 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 31/12/2024

Net Worth

£24k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£165k

Current Liabilities

£176k

Fixed Assets

£35k

Debtors

£98k

2avg. employees+1

Tax at Year End

VAT£318

Balance Sheet

Intangible assets£34k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.94+£8k£6k
20230.91+£4k£9k
20220.86+£7k£8k
20210.73+£5k£74k
20200.50——

Derived from filed accounts. Not audited figures.