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Kugans Ltd

12822839

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

273-275 ILFORD LANE, ILFORD, IG1 2SD
Incorporated 19/08/2020

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47910
Retail sale via mail order houses or via Internet

Officers

Mr Thangarajah Kuganeswaran

director · Since 19/08/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 7 other boards

Mrs Ajanthathevy Kuganeswaran

director · Since 14/09/2023

MANAGER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Thangarajah Kuganeswaran

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

British · England · Age 58

273-275, Ilford Lane, Ilford, IG1 2SD

Notified 19/08/2020

CompanyRankvs 8321+ SIC 47110 peers
61

Financial strength79th percentile among SIC peers · 20/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£46k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£455k

Current Liabilities

£508k

Fixed Assets

£100k

15avg. employees+8

Tax at Year End

Corp tax£8k

Balance Sheet

Intangible assets£90k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89+£34k
20230.90+£8k
20223.14

Derived from filed accounts. Not audited figures.