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Innerspace Leicester Ltd

13353949

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

1 FREEHOLD STREET, LEICESTER, LE1 2LX
Incorporated 23/04/2021

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 04/06/2025

Due 18/06/2026

On track

Industry

31010
Manufacture of office and shop furniture
31020
Manufacture of kitchen furniture

Officers

Mr Muhammad Salim Allarakhia

director · Since 23/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Muhammad Salim Allarakhia

75–100% shares

British · England · Age 59

1 Freehold Street, Leicester, LE1 2LX

Notified 23/04/2021

CompanyRankvs 753+ SIC 31010 peers
39

Financial strength5th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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753Innerspace Leicester Ltd
35
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.

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£49k

Balance sheet strength

Cash

-£8k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£196k

Current Liabilities

£260k

Fixed Assets

£15k

Debtors

£99k

6avg. employees+3

Balance Sheet

Intangible assets£7k
Assets less current liabilities-£49k
Signed by Muhammad Salim Allarakhia 30th April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£42k
20240.85-£10k
20230.86—

Derived from filed accounts. Not audited figures.