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Jai Avad Group Ltd

14511799

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

33 RUSHEY CLOSE, LEICESTER, LE4 7PT
Incorporated 29/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46341
46341
46360
Wholesale of sugar and chocolate and sugar confectionery
47290
Other retail sale of food in specialised stores

Officers

Mr Meramanbhai Mandanbhai Modhwadia

director · Since 29/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Meramanbhai Mandanbhai Modhwadia

25–50% shares
25–50% votes

British · United Kingdom · Age 48

33, Rushey Close, Leicester, LE4 7PT

Notified 29/11/2022

Former PSCs

Mr Lilabhai Mandanbhai Modhvadiya

Ceased 09/09/2024

CompanyRankvs 1262+ SIC 46341 peers
37

Financial strength7th percentile among SIC peers · 2/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.87× · 6/20
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.

Employees10/15 pts

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

Liquidity6/20 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

-£46k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£543k

Current Liabilities

£625k

Fixed Assets

£36k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£46k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.87
20232.00

Derived from filed accounts. Not audited figures.