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Ernest Hammond (Spitalfields) Ltd

13356322

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT NCF5 WESTERN INTERNATIONAL MARKET, SOUTHALL, UB2 5XJ
Incorporated 26/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46310
Wholesale of fruit and vegetables

Officers

Mr Fakhruddin Paisawala

director · Since 26/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 12 other boards

Mr Hatim Aliasgar Raja

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Holdings4u Ltd

75–100% shares
75–100% votes

Unit Ncf5, Western International Market, Southall, UB2 5XJ

Reg: 13993897 · Companies House England And Wales · Limited Company

Notified 01/09/2022

Former PSCs

Fresh4u Produce Ltd

Ceased 01/09/2022

CompanyRankvs 2349+ SIC 46310 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees11/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£1.8M

Annual revenue

Net Worth

-£129k

Balance sheet strength

Cash

£29k

Cash in the bank

Profit Before Tax

-£125k

Bottom line earnings

Net Current Assets

-£232k

Working capital

Current Assets

£155k

Current Liabilities

£388k

Fixed Assets

£119k

Debtors

£89k

Cost of Sales

£1.6M

Gross Profit

£154k

Admin Expenses

£279k

Profit After Tax

-£141k

4avg. employees

Tax at Year End(2022)

Corp tax£3k

Balance Sheet

Assets less current liabilities-£113k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£141k
20240.46+£671
20231.27-£3k
20221.73

Derived from filed accounts. Not audited figures.