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Gita Retail Limited

13503981

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

60 CONSTABLE GARDENS, EDGWARE, HA8 5RZ
Incorporated 09/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47810
Retail sale via stalls and markets of food, beverages and tobacco products

Officers

Mr Kunal Parekh

director · Since 09/07/2021

MANAGER

INDIAN · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Kunal Parekh

75–100% shares
75–100% votes
Appoint directors

Indian · England · Age 42

60, Constable Gardens, Edgware, HA8 5RZ

Notified 09/07/2021

CompanyRankvs 8831+ SIC 47110 peers
60

Financial strength85th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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 31/07/2024

Net Worth

£73k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£173k

Current Liabilities

£174k

Fixed Assets

£137k

Debtors

£68k

7avg. employees+2

Balance Sheet

Assets less current liabilities£136k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£41k
20230.85+£30k
20220.52

Derived from filed accounts. Not audited figures.