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Saree Hire Store Limited

14225501

activeactive proposal to strike off
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

38 Salisbury Road, Worthing, BN11 1RD
Incorporated 11/07/2022

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 10/07/2025

Due 24/07/2026

Overdue

Industry

47910
Retail sale via mail order houses or via Internet
77299
Renting and leasing of other personal and household goods

Officers

Mr Hitesh Kumar Sharma

director · Since 11/07/2022

CONSULTANT

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Hitesh Kumar Sharma

director · Since 11/07/2022

British · England · Age 44

Former

Varuna Menisha Bhuruth Sharma

director · Resigned 24/06/2026

Mrs Varuna Menisha Bhuruth Sharma

director · Resigned 24/06/2026

Persons with Significant Control

Mr Hitesh Kumar Sharma

75–100% shares
75–100% votes

British · England · Age 44

Wiston House, 1 Wiston Avenue, Worthing, BN14 7QL

Notified 11/07/2022

Former PSCs

Mrs Varuna Menisha Bhuruth Sharma

Ceased 24/06/2026

Change History

statusactive
2026-07-17

Active

typeltd
2026-07-17

Private Limited Company

address line138 Salisbury Road
2026-07-17

38 SALISBURY ROAD

post townWorthing
2026-07-17

WORTHING

CompanyRankvs 86886+ SIC 47910 peers
27

Financial strength13th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 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 strength3/25 pts

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

Employees3/15 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 31/07/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£409

Current Liabilities

£9k

0avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£1k
20240.04-£775
20230.16

Derived from filed accounts. Not audited figures.