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Shaikh & Sons Ltd

12277514

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)
  • Negative net worth (-10)

Details

UNIT 12A, MANCHESTER, M8 8HW
Incorporated 23/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
46310
Wholesale of fruit and vegetables
46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet

Officers

Mr Aqeel Abbas Rana

director · Since 07/05/2024

BUSINESS PERSON

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Aqeel Abbas Rana

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

British · England · Age 37

Unit 12a, 55b Derby Street, Manchester, M8 8HW

Notified 07/05/2024

Former PSCs

Mr Muhammad Shiraz

Ceased 07/05/2024

CompanyRankvs 8513+ SIC 45112 peers
58

Financial strength6th percentile among SIC peers · 2/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.82× · 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 strength2/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£83k

Current Liabilities

£22k

5avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.82-£16k
20238.28
2022143.21
20211.01
20201.07

Derived from filed accounts. Not audited figures.