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Hg Fashion Ltd

12386458

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

2 PHILPOT STREET, LONDON, E1 2DS
Incorporated 06/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Miss Harjit Kaur

director · Since 06/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Miss Harjit Kaur

75–100% shares

British · United Kingdom · Age 43

2, Philpot Street, London, E1 2DS

Notified 06/01/2020

CompanyRankvs 12818+ SIC 47710 peers
38

Financial strength13th percentile among SIC peers · 3/25
Employees45th percentile among SIC peers · 7/15
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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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.

Employees7/15 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 31/01/2024

Net Worth

-£16k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£531k

Current Liabilities

£567k

Fixed Assets

£45k

Debtors

£36k

1avg. employees-1

Director Loans(2022)

Company owes directors£61k

Balance Sheet

Assets less current liabilities£9k
Signed by Mrs HARJIT KAUR 26/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£12k
20230.99+£7k
20221.04-£16k
20211.10

Derived from filed accounts. Not audited figures.