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Convenient Group Ltd

12556717

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

57 GREAT ANCOATS STREET, MANCHESTER, M4 5AB
Incorporated 15/04/2020

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

Mrs Mira Morar

director · Since 03/08/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 11 other boards

Mr Mital Kumar Morar

director · Since 17/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 29 other boards

Persons with Significant Control

Mr Mital Kumar Morar

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

British · United Kingdom · Age 43

57, Great Ancoats Street, Manchester, M4 5AB

Notified 15/04/2020

Mrs Mira Morar

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

British · England · Age 42

57, Great Ancoats Street, Manchester, M4 5AB

Notified 03/08/2022

Charges1 outstanding

Charge
outstanding

PROPEL FINANCE NO 1 LIMITED

Created 01/08/2023Registered 04/08/2023

CompanyRankvs 12770+ SIC 47110 peers
40

Financial strength70th percentile among SIC peers · 18/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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12770Convenient Group Ltd
46
How is this score calculated?
Financial strength18/25 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.

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£28k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£61k

Working capital

Current Assets

£71k

Current Liabilities

£132k

Fixed Assets

£97k

Debtors

£61k

2avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54+£0
20250.54+£26k
20240.93—
20230.99—

Derived from filed accounts. Not audited figures.