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Essential Designs London Ltd

13841388

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2.23, INTERNATIONAL HOUSE, BRENTFORD, TW8 0GP
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Ms Devika Raizada

director · Since 11/01/2022

DIRECTOR

INDIAN · UNITED KINGDOM · Age 39

Persons with Significant Control

Ms Devika Raizada

50–75% shares

Indian · United Kingdom · Age 39

Unit 2.23, International House, 1110 Great West Road, Brentford, TW8 0GP

Notified 11/01/2022

Ms Meenakshi Wadhwa

25–50% shares

Indian · England · Age 40

Unit 2.23, International House, 1110 Great West Road, Brentford, TW8 0GP

Notified 23/01/2024

CompanyRankvs 9803+ SIC 47710 peers
45

Financial strength17th percentile among SIC peers · 4/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 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 strength4/25 pts

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

Employees15/15 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 31/12/2024

Net Worth

-£7k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£127k

Current Liabilities

£134k

Debtors

£14k

12avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£33k
20230.58

Derived from filed accounts. Not audited figures.