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Needham3 Retail Ltd

13487701

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

64-66 HIGH STREET, IPSWICH, IP6 8AW
Incorporated 01/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Kirisanthini Raveendran

director · Since 01/07/2021

MANAGER

SRI LANKAN · UNITED KINGDOM · Age 51

Mr Balachandran Surendran

director · Since 01/07/2021

MANAGER

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mrs Kirisanthini Raveendran

25–50% shares
25–50% votes

Sri Lankan · United Kingdom · Age 51

2 Ernleigh Road, Ipswich, IP4 5LU

Notified 01/07/2021

Mr Balachandran Surendran

25–50% shares
25–50% votes

British · United Kingdom · Age 61

149 Westbury Avenue, Southall, UB1 2XB

Notified 01/07/2021

Former PSCs

Mrs Vasuki Sivachelvan

Ceased 31/05/2023

CompanyRankvs 4471+ SIC 47110 peers
66

Financial strength48th percentile among SIC peers · 12/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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4471Needham3 Retail Ltd
66
How is this score calculated?
Financial strength12/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£187k

Current Liabilities

£69k

Fixed Assets

£1k

12avg. employees+8

Balance Sheet

Assets less current liabilities£119k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.70—
20247.67—
202315.94-£3k
20222.03—

Derived from filed accounts. Not audited figures.