7TH GENERATION(2) LTD

39 NORTHCOTE AVENUE, SURBITON, KT5 9BY

Company Number: 11838385
Incorporation date: 20-Feb-2019
Status: Active
Entity type: Private Limited Company

SIC codes:
47421 Retail sale of mobile telephones





SUMMARY

This company is 5.1 years old and is currently active. It is controlled by Mr Sriram Khosti. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -4.1 thousand which has worsened since the previous year's figure of GBP 235. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -4.4 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -4.1 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 21 other companies, 13 (61.9%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Nov-2024
Accounts Filed: TOTAL EXEMPTION FULL (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Feb-2023 GBP 72 19,390 14,392 25,000 1 -4,127 -4,126
28-Feb-2022 GBP 3,146 22,256 16,725 25,000 1 234 235
28-Feb-2021 GBP 1,707 22,227 19,286 25,000 1 2,361 2,362
29-Feb-2020 GBP 1,799 27,049 57,280 1 15 16
19-Feb-2019 GBP

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
29-Feb-2020 GBP 100.00% 1 0 1 -899
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Sriram KHOSTI 20 Feb 2019 Director British 14 - 814 (63.6%)
Number of active directors: 1
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 63.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
7TH GENERATION LTD (11034923) - Active - Proposal to Strike off
7TH GENERATION (1) LTD (11385284) - Active - Proposal to Strike off
JUST HOPE (UK) LIMITED (11401661) - Dissolved
FAST AND EASY MARKETING LTD (11835881) - Dissolved
7TH GENERATION(2) LTD (11838385) - Active
7TH GENERATION(4) LTD (11845289) - Active
7TH GENERATION(3) LTD (11845567) - Active - Proposal to Strike off
LUSCIOUS E-LIQUID LTD (12072030) - Dissolved
7TH GENERATION(5) LTD (12085952) - Active - Proposal to Strike off
IQUIT E-LIQUID LTD (12097971) - Dissolved
MYMILLIONS LTD (12098113) - Dissolved
LOSERZ E-LIQUID LTD (12098170) - Dissolved
7TH GENERATION(6) LTD (12103479) - Active
7TH GENERATION(7) LTD (12103551) - Active - Proposal to Strike off
7TH GENERATION(8) LTD (12168076) - Active
7TH GENERATION(9) LTD (12191257) - Active - Proposal to Strike off
7G REAL ESTATES LTD (12589422) - Dissolved
VAPES&GADGETS DISTRO LTD (12701535) - Dissolved
7G FRANCHISE LTD (14013997) - Active
7TH GENERATION(10) LTD (14019190) - Active
7TH GENERATION(12) LTD (14019266) - Active
7TH GENERATION(13) LTD (14019288) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

7TH GENERATION(2) LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 47421 Retail sale of mobile telephones)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
THE CARPHONE WAREHOUSE LIMITED 1 PORTAL WAY, LONDON, W3 6RS 02142673 2017-04-29 2,125,700,000 42,800,000 61900-Other telecommunications activities
MOBILE PHONES DIRECT LIMITED AO PARK 5A THE PARKLANDS, LOSTOCK, BOLTON, ENGLAND, BL6 4SD 07570386 2018-03-31 121,736,426 4,573,481
RS GLOBAL LIMITED UNIT 4, FORUM HOUSE,, EMPIRE WAY,, WEMBLEY, MIDDLESEX, HA9 0AB 05833038 2018-03-31 84,923,540 0
IGNITE (GRANTHAM) LIMITED THE MILLS, CANAL STREET, DERBY, DERBYSHIRE, DE1 2RJ 07438044 2018-03-31 19,360,691 0
MID COMMUNICATIONS LIMITED 29 VICTORIA ROAD WEST, CLEVELEYS, LANCASHIRE, FY5 1BS 05675885 2018-03-31 12,092,092 0
AMTRUST REVIVE LIMITED MARKET SQUARE HOUSE, ST. JAMES'S STREET, NOTTINGHAM, UNITED KINGDOM, NG1 6FG 10200341 2018-12-31 2,850,491 0
THE WORD TELECOM LIMITED LINK HOUSE, BRITTON GARDENS, BRISTOL, BS15 1TF 02096347 2018-09-30 2,402,046 0
THE PHONE SHOP (MIDLANDS) LIMITED 12 ENSDALE ROW, WILLENHALL, WEST MIDLANDS, WV13 2BJ 03334177 2018-03-31 852,283 0
EL MARKETPLACE LIMITED UNIT 14A REVIVAL STREET, OLD HALL TRADING ESTATE, WALSALL, WEST MIDLANDS, ENGLAND, WS3 3HJ 07598822 2018-03-31 223,547 0 47910-Retail sale via mail order houses or via Internet
95120-Repair of communication equipment
NANO NANO LTD HERSTON CROSS HOUSE, 230 HIGH STREET, SWANAGE, DORSET, UNITED KINGDOM, BH19 2PQ 09848755 2017-10-31 139,948 0
ICT2YOU LTD 58 LEMAN STREET, LEMAN STREET, LONDON, E1 8EU 09426246 2019-02-28 100,107 0
BENZER COMMUNICATIONS LTD 205 SEWALL HIGHWAY, COVENTRY, ENGLAND, CV2 3NG 09651140 2018-06-30 81,812 0
QANOVI LTD 5 FRON HEULOG TERRACE, BANGOR, WALES, LL57 2RB 09798059 2018-09-30 78,923 0
MADNI COMMUNICATIONS LIMITED 46 PRESTON NEW ROAD, BLACKBURN, BB2 6AH 07607876 2018-05-04 76,249 0
GO WIRELESS LTD UNIT 2A QUBEC HOUSE, RICHMOND ROAD, KINGSTON UPON THAMES, UNITED KINGDOM, KT2 5EB 10153617 2018-04-30 65,748 0
FONETEC LIMITED 10-11 UNION STREET, READING, RG1 1EU 10403058 2018-09-30 52,195 0
TOUCHLINK BUSINESS SERVICES LIMITED 5 KING EDWARD BUILDINGS, SALFORD, LANCS, M7 4QJ 07404734 2018-10-31 35,035 0
JUST MOBILEZ LIMITED 36 LOWER BROOKLANDS PARADE, MANCHESTER, ENGLAND, M8 4JS 09619494 2019-06-30 29,371 0
JUST MOBILES, LIMITED 18 LINGFIELD ROAD, BRANSTON, BURTON-ON-TRENT, STAFFORDSHIRE, ENGLAND, DE14 3BQ 08769027 2017-11-30 28,809 0
EQUATECH CONSULTANCY SERVICES LIMITED 44 MAIN STREET, PRICKWILLOW, ELY, CAMBRIDGESHIRE, CB7 4UN 08691916 2018-08-31 17,340 0 61900-Other telecommunications activities
62020-Information technology consultancy activities
VERSAI LIMITED 86 LONDON STREET, READING, BERKSHIRE, RG1 4SJ 07867913 2018-12-31 10,415 0
IPHIX FONES LTD. 8 TENNYSON AVENUE, EAST HAM, E12 6SX 09448537 2018-03-31 9,920 0
BASEO FRANCHISING LTD 82 THE MALL STRATFORD, 82 THE MALL STRATFORD, LONDON, ENGLAND, E15 1XQ 08891086 2018-02-28 67 0
ASSISTO! LTD UNION HOUSE, 111 NEW UNION STREET, COVENTRY, ENGLAND, CV1 2NT 10907974 2019-03-31 5 0 47429-Retail sale of telecommunications equipment other than mobile telephones
86900-Other human health activities
FINCARA INVESTMENTS LIMITED THE MILLS, CANAL STREET, DERBY, DERBYSHIRE, DE1 2RJ 05710641 2018-03-31 0 0
SPACE PHONE ACCESSORIES LTD. 3 BOW LANE, LONDON, ENGLAND, EC4M 9EE 08506010 2018-04-30 0 0
HOPTON TRADING HOLDINGS LIMITED THE MILLS, CANAL STREET, DERBY, DERBYSHIRE, ENGLAND, DE1 2RJ 10594820 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
7TH GENERATION(2) LTD 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.7% 5.9% 14.9% Medium
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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