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Sethwara Ltd

13350529

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 10 outstanding charges (-10)

Details

47 ST. MARTINS DRIVE, LEICESTER, LE9 9GX
Incorporated 21/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Nilesh Maldebhai Modhvadiya

director · Since 21/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mrs Nipa Modhvadiya

director · Since 21/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Nilesh Maldebhai Modhvadiya

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

47, St. Martins Drive, Leicester, LE9 9GX

Notified 21/04/2021

Mrs Nipa Modhvadiya

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

47, St. Martins Drive, Leicester, LE9 9GX

Notified 21/04/2021

Charges10 outstanding

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CompanyRankvs 45134+ SIC 68100 peers
45

Financial strength12th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.93× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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45134Sethwara Ltd
55
How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 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.

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.

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 31/01/2026

Net Worth

-£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£10k

Current Liabilities

£3k

Fixed Assets

£2.3M

2avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.93+£0
20262.93—
20254.97—
20240.48—
20230.21—
20221.00—

Derived from filed accounts. Not audited figures.