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Morden Local Ltd

14467427

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

62 LONDON ROAD, MORDEN, SM4 5BE
Incorporated 07/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46360
Wholesale of sugar and chocolate and sugar confectionery
46390
Non-specialised wholesale of food, beverages and tobacco
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Kathirgamathamby Karunaharan

director · Since 07/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Kathirgamathamby Karunaharan

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

British · England · Age 54

62a, London Road, Morden, SM4 5BE

Notified 07/11/2022

Charges0 outstanding

Charge
satisfied

FFE SPV 2 LIMITED (CO. NO. 14833449)

Created 12/09/2024Registered 12/09/2024Satisfied 29/04/2026

CompanyRankvs 334+ SIC 46360 peers
61

Financial strength57th percentile among SIC peers · 14/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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334Morden Local Ltd
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£168k

Current Liabilities

£109k

Fixed Assets

£5k

3avg. employees

Balance Sheet

Assets less current liabilities£64k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.53
20230.94

Derived from filed accounts. Not audited figures.