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Saha Stores Ltd

12272493

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

15-17 GEORGE STREET, NEWCASTLE, ST5 1JX
Incorporated 21/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Saravanan Chinnasamy

director · Since 21/10/2019

DIRECTOR

INDIAN · ENGLAND · Age 46

Also on 2 other boards

Mr Karthik Marimuthu

director · Since 21/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Karthik Marimuthu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

22 Homebridge Grove, Shelfield-High Heath, Walsall, WS4 1RA

Notified 21/10/2019

Mr Saravanan Chinnasamy

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 46

134 Ravenscar Crescent, Manchester, M22 0HW

Notified 21/10/2019

CompanyRankvs 17053+ SIC 47110 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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17053Saha Stores Ltd
35
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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 31/10/2024

Net Worth

-£16k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£41k

Current Liabilities

£52k

Fixed Assets

£73k

Debtors

-£43k

4avg. employees+2

Balance Sheet

Assets less current liabilities£62k
Signed by Mr Karthik Marimuthu 10/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£32k
20230.77-£37k
202213.34—
20210.73—
20200.92—

Derived from filed accounts. Not audited figures.