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One Stitch Ltd

13351980

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

20 ALLANDALE ROAD, LEICESTER, LE2 2DA
Incorporated 22/04/2021

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

13910
Manufacture of knitted and crocheted fabrics

Officers

Rahim Sadruddin Charania

director · Since 22/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Hussein Ismail

director · Since 22/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Mr Mohammed Daud Ahmed Ismail

director · Since 22/04/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Zill Mill Investments Ltd

25–50% shares
25–50% votes

36 Crown Hills Rise, Leicester, LE5 5DG

Reg: 10645291 · Companies House England & Wales · Limited Company

Notified 22/04/2021

Studio One Ltd

50–75% shares
50–75% votes
Appoint directors

333 Humberstone Lane, Leicester, LE4 9JR

Reg: 05575530 · Companies House England & Wales · Limited Company

Notified 22/04/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/08/2021Registered 23/08/2021

CompanyRankvs 147+ SIC 13910 peers
35

Financial strength15th percentile among SIC peers · 4/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

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.

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 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£357k

Current Liabilities

£410k

Fixed Assets

£65k

Debtors

£310k

43avg. employees+4

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87+£166k
20240.33

Derived from filed accounts. Not audited figures.