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Axr Retails Ltd

14258975

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

31 FALCON, TAMWORTH, B77 5DN
Incorporated 27/07/2022

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 Tushar Maheshbhai Parmar

director · Since 27/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Tushar Maheshbhai Parmar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 41

31, Falcon, Tamworth, B77 5DN

Notified 27/07/2022

Mr Manish Maheshbhai Parmar

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 47

1, Warley Rise, Reading, RG31 6FR

Notified 27/07/2022

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/11/2022Registered 22/11/2022

CompanyRankvs 9750+ SIC 47110 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.14× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2024

Net Worth

-£73k

Balance sheet strength

Cash

£787

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£77k

Current Liabilities

£19k

Fixed Assets

£205k

Debtors

£16k

14avg. employees

Balance Sheet

Intangible assets£122k
Assets less current liabilities£264k
Prepared with Ajaccts Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.14-£56k
20233.60

Derived from filed accounts. Not audited figures.