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Instant Karma Store Limited

12618546

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ELTHORNE GATE, PINNER, HA5 5QA
Incorporated 22/05/2020

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 Chandramohan Goyal

director · Since 22/05/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Instant Karma Retail Limited

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

Elthorne Gate, 64 High Street, Pinner, HA5 5QA

Notified 26/08/2020

Former PSCs

Instant Karma Retail Limited

Ceased 22/05/2020

Mr Chandramohan Goyal

Ceased 26/08/2020

CompanyRankvs 19456+ SIC 47110 peers
18

Financial strength6th percentile among SIC peers · 2/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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19456Instant Karma Store Limited
28
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.

Employees3/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern . 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and othe

Key FinancialsYear ending 31/10/2024

Net Worth

-£36k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£89k

Working capital

Current Assets

£84k

Current Liabilities

£173k

Fixed Assets

£44k

Debtors

£17k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£45k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£14k
20230.43+£47k
20220.33—
20210.44—

Derived from filed accounts. Not audited figures.