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M N Furniture Limited

12307072

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2 ESSEX HOUSE JOSSELIN ROAD, BASILDON, SS13 1BY
Incorporated 11/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Navid Ahmed Bhatti

director · Since 11/11/2019

BUSINESS

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Navid Ahmed Bhatti

Significant control

British · United Kingdom · Age 43

Unit 2 Essex House, Josselin Road, Basildon, SS13 1BY

Notified 11/11/2019

CompanyRankvs 15247+ SIC 47910 peers
64

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.43× · 2/20
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 strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/11/2024

Net Worth

£655k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£588k

Working capital

Current Assets

£451k

Current Liabilities

£1.0M

Fixed Assets

£267k

9avg. employees

Balance Sheet

Assets less current liabilities£321k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43+£167k
20234.08+£167k
20220.85+£87k
20212.54

Derived from filed accounts. Not audited figures.