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Colourways Textiles Factory Limited

13310810

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

50 WOODGATE, LEICESTER, LE3 5GF
Incorporated 03/04/2021

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 02/04/2026

Due 16/04/2027

On track

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Karandeep Singh Mattu

director · Since 03/04/2021

MANUFACTURER

BRITISH · ENGLAND · Age 38

Also on 8 other boards

Persons with Significant Control

Mr Karandeep Singh Mattu

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

British · England · Age 38

50, Woodgate, Leicester, LE3 5GF

Notified 03/04/2021

CompanyRankvs 10750+ SIC 47710 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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10750Colourways Textiles Factory Limited
38
How is this score calculated?
Financial strength1/25 pts

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

Employees15/15 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.

Longevity5/15 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 30/04/2024

Net Worth

-£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£18k

Current Liabilities

£80k

18avg. employees

Balance Sheet

Assets less current liabilities-£62k
Signed by Mr Karandeep Singh Mattu 29 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.23

Derived from filed accounts. Not audited figures.