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Welford Road Stores Limited

14277152

active
ltd
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

First Floor, Unit 7-8 St Matthews Business Centre, Gower Street, Leicester, LE1 3LJ
Incorporated 04/08/2022

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

47290
Other retail sale of food in specialised stores

Officers

Usha Odedra

director · Since 04/08/2022

British · United Kingdom · Age 50

Bhavik Odedra

director · Since 14/11/2023

British · England · Age 28

Former

Sonal Modhwadia

director · Resigned 14/11/2023

Persons with Significant Control

Mrs Usha Odedra

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Global Foods, 188, Welford Road, Leicester, LE2 6BD

Notified 04/08/2022

Mr Bhavik Odedra

25–50% shares
25–50% votes

British · England · Age 28

188, Welford Road, Leicester, LE2 6BD

Notified 14/11/2023

Former PSCs

Mrs Sonal Modhwadia

Ceased 14/11/2023

Change History

status → active
2026-06-04

Active

type → ltd
2026-06-04

Private Limited Company

address line1 → First Floor, Unit 7-8 St Matthews Business Centre
2026-06-04

FIRST FLOOR, UNIT 7-8 ST MATTHEWS BUSINESS CENTRE

post town → Leicester
2026-06-04

LEICESTER

officer appointed → ODEDRA, Bhavik
2026-06-04
officer appointed → ODEDRA, Usha
2026-06-04

CompanyRankvs 2885+ SIC 47290 peers
57

Financial strength82th percentile among SIC peers · 21/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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2885Welford Road Stores Limited
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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.

Employees11/15 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.

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

£43k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£124k

Working capital

Current Assets

£270k

Current Liabilities

£395k

Fixed Assets

£169k

5avg. employees+2

Balance Sheet

Assets less current liabilities£45k
Signed by Mr Bhavik Odedra Mrs Usha Odedra 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£105k
20230.44—

Derived from filed accounts. Not audited figures.