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Mital N Ltd

14890831

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

11-12 HALLMARK TRADING CENTRE, WEMBLEY, HA9 0LB
Incorporated 24/05/2023

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 23/05/2025

Due 06/06/2026

On track

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mrs Mital Patel

director · Since 24/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 6 other boards

Mr Nilesh Jayantkumar Patel

director · Since 31/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mrs Mital Patel

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

British · United Kingdom · Age 46

11-12, Hallmark Trading Centre, Wembley, HA9 0LB

Notified 24/05/2023

CompanyRankvs 1838+ SIC 47240 peers
46

Financial strength80th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1838Mital N Ltd
52
How is this score calculated?
Financial strength20/25 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.

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.

Longevity3/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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

£40k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£78k

Current Liabilities

£140k

Fixed Assets

£127k

Debtors

£21k

8avg. employees

Balance Sheet

Assets less current liabilities£64k
Signed by Mr Nilesh Patel Mrs Mital Patel 27 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55+£0
20250.55+£2k
20240.58—

Derived from filed accounts. Not audited figures.