Back to search

Sethwara Ltd

13350529

active
ltd
england wales
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, Desford, Leicester, LE9 9GX
Incorporated 21/04/2021

Compliance

Last accounts

31/01/2026

micro entity

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

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

Nilesh Maldebhai Modhvadiya

director · Since 21/04/2021

British · England · Age 42

Nipa Modhvadiya

director · Since 21/04/2021

British · England · Age 40

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

Charge
outstanding

PARAGON BANK PLC

Created 11/12/2025Registered 11/12/2025
Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 21/11/2025Registered 26/11/2025
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 23/10/2025Registered 23/10/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 29/07/2025Registered 30/07/2025
Charge
outstanding

ALDERMORE BANK PLC

Created 06/06/2025Registered 09/06/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 21/03/2025Registered 21/03/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 03/03/2025Registered 07/03/2025
Charge
outstanding

PARAGON BANK PLC

Created 17/01/2025Registered 21/01/2025
Charge
outstanding

NOTTINGHAM BUILDING SOCIETY

Created 06/11/2024Registered 07/11/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 11/02/2022Registered 14/02/2022

Change History

statusactive
2026-06-29

Active

typeltd
2026-06-29

Private Limited Company

address line147 St. Martins Drive
2026-06-29

47 ST. MARTINS DRIVE

post townLeicester
2026-06-29

LEICESTER

CompanyRankvs 45305+ 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
Show leaderboard
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

Derived from filed accounts. Not audited figures.