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Tshan Trade Ltd

12613218

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

123 BEXHILL ROAD, ST. LEONARDS-ON-SEA, TN38 8BG
Incorporated 20/05/2020

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

Mr Nitharshan Yogarajah

director · Since 28/02/2022

DIRECTOR

SRI LANKAN · ENGLAND · Age 39

Persons with Significant Control

Mr Nitharshan Yogarajah

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

Sri Lankan · England · Age 39

123, Bexhill Road, St. Leonards-On-Sea, TN38 8BG

Notified 20/05/2020

Former PSCs

Mr Yogarajah Nitharshan

Ceased 20/05/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/11/2023Registered 17/11/2023

CompanyRankvs 7015+ SIC 47110 peers
49

Financial strength66th percentile among SIC peers · 17/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 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.

Liquidity12/20 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 31/05/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£199k

Current Liabilities

£176k

Fixed Assets

£75k

4avg. employees+3

Balance Sheet

Assets less current liabilities£99k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14+£10k
20230.44
20220.51

Derived from filed accounts. Not audited figures.