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Rahil Saggar (Chorlton) Limited

13842602

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)
  • Negative net worth (-10)

Details

15 HIGH STREET, CHEADLE, SK8 1AX
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Rahil Saggar

director · Since 11/01/2022

OPTOMETRIST

BRITISH · UNITED KINGDOM · Age 46

Also on 5 other boards

Persons with Significant Control

Mr Rahil Saggar

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

British · United Kingdom · Age 46

15, High Street, Cheadle, SK8 1AX

Notified 11/01/2022

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/05/2022Registered 17/05/2022Satisfied 11/08/2023

CompanyRankvs 1445+ SIC 47782 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Longevity4/15 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 31/08/2024

Net Worth

-£71k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£113k

Working capital

Current Assets

£49k

Current Liabilities

£162k

Fixed Assets

£134k

Debtors

£10k

7avg. employees

Balance Sheet

Intangible assets£34k
Assets less current liabilities£21k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30+£20k
20230.24-£59k
20220.09

Derived from filed accounts. Not audited figures.