# WEARSMART LIMITED (02416253)

> WEARSMART LIMITED is an active private limited company (company number 02416253) incorporated on 23 August 1989, registered in Harrow. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). Latest abridged accounts cover the period ending 28 February 2025, showing net assets of £831k and cash of £25k, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 3% on the prior period (£804k).

- Status: Active
- Incorporated: 1989-08-23
- Registered office: Harrow, HA1 2EA
- SIC 47710: Retail sale of clothing in specialised stores
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-09-06
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 1,265 comparable companies in Greater London (median £232, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £831k | £25k | £66k | £53k | — | — | 0 |
| 2024-02-29 | £804k | £38k | £32k | £49k | — | — | 0 |

current ratio 1.7; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £831,084 at 28 February 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.7
- Incorporated five or more years ago: Incorporated 23 August 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Chandravadan Nanji Vaghela — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2024-01-15

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02416253
HTML: https://firmoscan.com/company/02416253-wearsmart-limited