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Nirush Retail Limited

14396840

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

12 WESTMINSTER STREET, GATESHEAD, NE8 4QE
Incorporated 04/10/2022

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 Rajeev Atchuthanandan

director · Since 04/10/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Rajeev Atchuthanandan

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

British · United Kingdom · Age 42

12, Westminster Street, Gateshead, NE8 4QE

Notified 04/10/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/03/2023Registered 01/03/2023
Charge
outstanding

HSBC UK BANK PLC

Created 29/12/2022Registered 30/12/2022

CompanyRankvs 13109+ SIC 47110 peers
36

Financial strength46th percentile among SIC peers · 12/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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13109Nirush Retail Limited
45
How is this score calculated?
Financial strength12/25 pts

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

Employees13/15 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

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£256k

Working capital

Current Assets

£108k

Current Liabilities

£363k

Fixed Assets

£385k

7avg. employees+3

Balance Sheet

Assets less current liabilities£130k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£922
20230.26—

Derived from filed accounts. Not audited figures.