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Gratitude Fashion Limited

12710880

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 01/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
46480
Wholesale of watches and jewellery
47710
Retail sale of clothing in specialised stores

Officers

Mrs Amishi Nikunj Dhanuka

secretary · Since 01/07/2020

Also on 9 other boards

Mrs Amishi Nikunj Dhanuka

director · Since 01/07/2020

DESIGNER

BRITISH · UNITED KINGDOM · Age 57

Also on 9 other boards

Mr Arpan Nikunj Dhanuka

director · Since 20/09/2021

BUSINESS DEVELOPMENT

BRITISH · UNITED KINGDOM · Age 31

Also on 5 other boards

Persons with Significant Control

Former PSCs

Mrs Amishi Nikunj Dhanuka

Ceased 17/09/2021

Mr Milind Vora

Ceased 22/11/2023

Quantum Fashion Private Limited

Ceased 17/09/2021

Charges1 outstanding

Charge
outstanding

STANDARD CHARTERED BANK, JERSEY BRANCH

Created 14/03/2022Registered 25/03/2022

CompanyRankvs 2784+ SIC 46420 peers
53

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.66× · 6/20
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 strength23/25 pts

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

Employees13/15 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 31/03/2025

Net Worth

£212k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£155k

Working capital

Current Assets

£296k

Current Liabilities

£450k

Fixed Assets

£2.4M

4avg. employees

Tax at Year End(2021)

VAT£2k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.66+£200k
20242.45-£8k
202312.44+£801
202269.31+£17k
20211.00£32k

Derived from filed accounts. Not audited figures.