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Glades Retail Limited

14084607

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

17 HEARNS ROAD, ORPINGTON, BR5 3NF
Incorporated 04/05/2022

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 Bhavesh Kumar Patel

director · Since 04/05/2022

BUSINESS OWNER

INDIAN · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Mr Bhavesh Kumar Patel

25–50% shares
25–50% votes

Indian · United Kingdom · Age 63

Unit 73 The Glades Shopping Centre, Lower Mall, Elmfield Road, Bromley, BR1 2DD

Notified 04/05/2022

Former PSCs

Mr Bimal Chokshi

Ceased 01/05/2023

CompanyRankvs 7907+ SIC 47110 peers
61

Financial strength82th percentile among SIC peers · 21/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.99× · 16/20
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 strength21/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/05/2025

Net Worth

£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£92k

Current Liabilities

£46k

Fixed Assets

£12k

2avg. employees

Tax at Year End(2024)

VAT£8k

Balance Sheet

Assets less current liabilities£58k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.99+£0
20251.99+£19k
20241.56+£17k£158k
20231.27£81k

Derived from filed accounts. Not audited figures.