Mahtabi Budget Ltd
14522718
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Former
director · Resigned 10/07/2026
Persons with Significant Control
Mr Jagtar Singh
German · England · Age 66
70, High Street, West Drayton, UB7 7DS
Notified 19/07/2023
Mr Lakhbir Singh Sethi
German · England · Age 64
70, High Street, West Drayton, UB7 7DS
Notified 19/07/2023
Former PSCs
Mr Jagtar Singh
Ceased 03/02/2023
Mr Lakhbir Singh Sethi
Ceased 19/07/2023
Mrs Charanjeet Kaur Sethi
Ceased 20/07/2023
Mrs Savinder Singh
Ceased 20/07/2023
CompanyRankvs 18023+ SIC 47190 peers32
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2025
Net Worth
-£43k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£31k
Working capital
Current Assets
£2k
Current Liabilities
£32k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£18k |
| 2024 | 1.17 | -£7k |
| 2023 | 1.81 | — |
Derived from filed accounts. Not audited figures.