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Amar Convenience Store Ltd

14394894

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 HIGH STREET, HUNTINGDON, PE28 2RH
Incorporated 03/10/2022

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 Anil Sundavadra

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mrs Hansa Nilesh Sundavadra

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Anil Sundavadra

25–50% shares
25–50% votes

British · England · Age 41

215 Derby Road, Loughborough, LE11 5HJ

Notified 03/10/2022

Mrs Hansa Nilesh Sundavadra

25–50% shares
25–50% votes

British · England · Age 42

215 Derby Road, Loughborough, LE11 5HJ

Notified 03/10/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 31/03/2023Registered 03/04/2023
Charge
outstanding

HSBC UK BANK PLC

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

CompanyRankvs 13094+ SIC 47110 peers
36

Financial strength81th percentile among SIC peers · 20/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.42× · 2/20
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 strength20/25 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.

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.

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 31/10/2024

Net Worth

£57k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£178k

Working capital

Current Assets

£130k

Current Liabilities

£309k

Fixed Assets

£451k

2avg. employees

Balance Sheet

Assets less current liabilities£273k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£28k
20230.28

Derived from filed accounts. Not audited figures.