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Welly Road Convenience Stores Ltd

13010292

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

1A POPPLETON ROAD, LONDON, E11 1LP
Incorporated 11/11/2020

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

47210
Retail sale of fruit and vegetables in specialised stores
47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Santhirasakaran Sivasamboo

director · Since 23/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Sivasamboo Santhirasakaran

50–75% shares

British · United Kingdom · Age 54

100, Wellingborough Road, Northampton, NN1 4DP

Notified 23/11/2023

Former PSCs

Mr Sivasamboo Ganasegaran

Ceased 23/11/2023

Mr Sivasamboo Santhirasakaran

Ceased 10/02/2023

CompanyRankvs 652+ SIC 47210 peers
66

Financial strength74th percentile among SIC peers · 19/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.02× · 20/20
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 strength19/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/11/2024

Net Worth

£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£136k

Current Liabilities

£45k

Fixed Assets

£1k

2avg. employees+2

Balance Sheet

Assets less current liabilities£92k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.02+£7k
20231.47+£12k
20221.23+£4k
20211.14

Derived from filed accounts. Not audited figures.