MAHTABI BUDGET LTD
Significant control: Jagtar Singh (25–50%), Lakhbir Singh Sethi (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Mahtabi Budget Ltd sell?
Registered activity: Other retail sale in non-specialised stores (SIC 47190). We’re building product and service lists for UK companies. Get this one when it’s ready.
Summary
MAHTABI BUDGET LTD is an active (proposal to strike off) private limited company (company number 14522718) incorporated on 5 December 2022, registered in West Drayton. Its registered activity is other retail sale in non-specialised stores (SIC 47190). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£43k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 76% on the prior period (−£24k). Across the last 3 periods on record the net-asset trend is falling.
By net assets it sits in the bottom quarter of 2,164 comparable companies in Greater London (median £1,034, upper quartile £21k).
Ownership and control
- Mr Jagtar Singh
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Lakhbir Singh Sethi
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Lakhbir Singh Sethi
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Jagtar Singh
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mrs Savinder Singh
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mrs Charanjeet Kaur Sethi
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
Key dates
- Incorporated
- 5 December 20223 yrs ago
- Next accounts due
- 30 September 2027in 338 days
- Confirmation statement due
- 19 December 2026in 53 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47190
- Other retail sale in non-specialised stores
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
Financials
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | −£43k | — | — | £32k | — | — | 2 |
| 31 December 2024 | −£24k | — | — | £18k | — | — | 3 |
| 31 December 2023 | −£17k | — | — | £17k | — | — | 1 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Filing and accounts signals
- Net assets below zeroNet assets £-42,830 at 31 December 2025
- Net assets down 25% or more on the prior period-75.9% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.05
- Three or more accounting periods on record3 periods on record
- Incorporated two to five years agoIncorporated 5 December 2022
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
Timeline
- Next accounts duein 338 days
- Confirmation statement duein 53 days
- Accounts period endNet liabilities £43k · micro accounts
- Accounts period endNet liabilities £24k · micro accounts
- Accounts period endNet liabilities £17k · micro accounts
- Incorporated
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Reminders for MAHTABI BUDGET LTD
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