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Navkar Solutions Ltd

14497209

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

9 PARKLAND DRIVE, LEICESTER, LE2 4DH
Incorporated 21/11/2022

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 Vishal Harshadbhai Shah

director · Since 21/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Vishal Harshadbhai Shah

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

British · England · Age 42

9, Parkland Drive, Leicester, LE2 4DH

Notified 21/11/2022

Former PSCs

Mrs Urvi Kishorkumar Gopani

Ceased 22/11/2022

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 06/03/2023Registered 09/03/2023Satisfied 23/09/2023

CompanyRankvs 17873+ SIC 47110 peers
24

Financial strength9th percentile among SIC peers · 2/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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17873Navkar Solutions Ltd
33
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.

Employees11/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

-£17k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£146k

Working capital

Current Assets

£36k

Current Liabilities

£182k

Fixed Assets

£129k

Debtors

£3k

5avg. employees

Balance Sheet

Intangible assets£100k
Assets less current liabilities-£17k
Signed by Mr Vishal Shah 19 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20+£0
20250.20+£6k
20240.10—
20230.02—

Derived from filed accounts. Not audited figures.