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Approved Traders Ltd

14935216

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)
  • Current liabilities exceed current assets (-10)

Details

52 HAMILTON ROAD, WATFORD, WD19 7BS
Incorporated 14/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Vishal Vyas

director · Since 14/06/2023

TRADING

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Parinkumar Pareshkumar Shah

director · Since 31/05/2024

DIRECTOR

INDIAN · ENGLAND · Age 38

Persons with Significant Control

Mr Vishal Vyas

25–50% shares

British · United Kingdom · Age 50

52, Hamilton Road, Watford, WD19 7BS

Notified 14/06/2023

Mr Parinkumar Pareshkumar Shah

25–50% shares

Indian · England · Age 38

52, Hamilton Road, Watford, WD19 7BS

Notified 31/05/2024

CompanyRankvs 93633+ SIC 47910 peers
30

Financial strength11th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£25k

Current Liabilities

£37k

0avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£0
20250.70

Derived from filed accounts. Not audited figures.