Company Overview
Snahir Retail Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 18 March 2016, so this is a well established company. Snahir Retail Limited has been in business for 10 years. The accounts status is micro entity and the accounts are next due on Friday 30 December 2022.
Registered Address

7 Bankside The Watermark, Gateshead, NE11 9SY
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Companies House Data
Company NameSNAHIR RETAIL LIMITED
Company Number10071683
Registered Office Address7 Bankside The Watermark
 NE11 9SY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/03/2016
Accounting Reference Date Day30
Accounting Reference Date Month3
Accounts Next Due Date30/12/2022
Accounts Last Made Up Date30/03/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date15/04/2017
Directors & Members
Show Resigned
Saif Rashid - Director
(British, 30 years old, born March 1996)
Appointed 01 September 2019
Active
Secretaries
Show Resigned
Arafat Rashid - Secretary
Appointed 01 April 2016
Active
Balance Sheet Unlock full report
Accounts Date 30-Mar-2021 30-Mar-2020 30-Mar-2019
Balance Sheet
Fixed Assets 3,058 3,713 4,368
Current Assets 83,760 5,887 7,419
Creditors Due Within One Year 34,883 13,826 16,065
Working Cap 48,877 -7,939 -8,646
Total Assets Less Current Liabilities 51,935 -4,226 -4,278
Long-term Liabilities 50,000 0 0
Net Assets 1,935 -4,226 -4,278
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,935 -4,226 -4,278
Common Size Financial Analysis Unlock full report
Accounts Date 30-Mar-2021 30-Mar-2020 30-Mar-2019
Tangible Fixed Assets - - -
Fixed Assets 3.5% 38.7% 37.1%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 96.5% 61.3% 62.9%
Creditors Due Within One Year 40.2% 144.0% 136.3%
Net Current Assets Liabilities 56.3% -82.7% -73.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 2.2% -44.0% -36.3%
Capital Employed - - -
Total Assets Less Current Liabilities 59.8% -44.0% -36.3%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Mar-2021 30-Mar-2020 30-Mar-2019
Liquidity Ratio 2.4 0.4 0.5
Solvency Ratio 1.0 0.7 0.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Mar-2021 30-Mar-2020 30-Mar-2019
Assets 86,818 9,600 11,787
Debt 84,883 13,826 16,065
Net Assets/Debt 1,935 -4,226 -4,278
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Director's details changed for Mr Saif Rashid on 30 May 2022
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Confirmation statement made on 29 May 2022 with no updates
Change of details for Mr Arafat Rashid as a person with significant control on 30 May 2021
Notification of Shahid Irshad as a person with significant control on 30 May 2021
Application to strike the company off the register
Registered office address changed from 3 Dinsdale Place Newcastle upon Tyne NE2 1BD United Kingdom to 7 Bankside the Watermark Gateshead NE11 9SY on 28 June 2022
Termination of appointment of Haroon Rashid as a director on 1 May 2022
Termination of appointment of Shahid Irshad as a director on 1 May 2022
Registered office address changed from 12 Saville Street West North Shields NE29 6QT England to 3 Dinsdale Place Newcastle upon Tyne NE2 1BD on 28 February 2022
Previous accounting period shortened from 31 March 2021 to 30 March 2021
Confirmation statement made on 29 May 2021 with no updates
Confirmation statement made on 29 May 2020 with updates
Statement of capital following an allotment of shares on 1 September 2019
Appointment of Mr Shahid Irshad as a director on 1 September 2019
Appointment of Mr Saif Rashid as a director on 1 September 2019
Registered office address changed from 22 Tynemouth Road Wallsend Tyne and Wear NE28 0LF United Kingdom to 12 Saville Street West North Shields NE29 6QT on 20 December 2019
Change of details for Mr Arafat Rashid as a person with significant control on 19 December 2019
Director's details changed for Mr Haroon Rashid on 19 December 2019
Secretary's details changed for Mr Arafat Rashid on 19 December 2019
Confirmation statement made on 16 August 2019 with no updates

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