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Premium Retail Ltd

14294131

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

30 UPHALL ROAD, ILFORD, IG1 2JF
Incorporated 12/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Mohammad Akbar Khan

director · Since 12/08/2022

MANAGING DIRECTOR

INDIAN · ENGLAND · Age 33

Persons with Significant Control

Mr Mohammad Akbar Khan

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

Indian · England · Age 33

30, Uphall Road, Ilford, IG1 2JF

Notified 12/08/2022

CompanyRankvs 75841+ SIC 47910 peers
31

Financial strength7th percentile among SIC peers · 2/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0× · 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 strength2/25 pts

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

Employees8/15 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

-£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£5

Current Liabilities

£24k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Prepared with BTCSoftware AP Solution 2024 11.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£14k
20230.00

Derived from filed accounts. Not audited figures.