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Asian Grocery Maidstone Ltd

13660322

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

14 PUDDING LANE, MAIDSTONE, ME14 1LT
Incorporated 04/10/2021

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

Mr Navin Omare

director · Since 04/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Navin Omare

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

British · England · Age 51

14, Pudding Lane, Maidstone, ME14 1LT

Notified 04/10/2021

CompanyRankvs 12207+ SIC 47110 peers
52

Financial strength60th percentile among SIC peers · 15/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.76× · 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 strength15/25 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.

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 31/10/2024

Net Worth

£14k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£68k

Current Liabilities

£89k

Fixed Assets

£36k

Debtors

£8k

5avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76+£27k
20230.62

Derived from filed accounts. Not audited figures.