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Areco Traders Ltd

15260787

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

162, CAMPDEN CRESCENT, DAGENHAM, RM8 2SL
Incorporated 05/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Mr Farooq Rasheed

director · Since 05/11/2023

BUSINESS EXECUTIVE

PAKISTANI · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Farooq Rasheed

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

Pakistani · United Kingdom · Age 56

162,, Campden Crescent, Dagenham, RM8 2SL

Notified 05/11/2023

CompanyRankvs 3888+ SIC 46690 peers
28

Financial strength16th percentile among SIC peers · 4/25
Employees39th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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3888Areco Traders Ltd
27
How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 pts

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

Liquidity0/20 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 30/11/2024

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£1

Current Liabilities

—

1avg. employees

Balance Sheet

Assets less current liabilities£1
Signed by Mr Farooq Rasheed 25th July 2025Prepared with Acorah Software Products - Accounts Production