# MAHTABI BUDGET LTD (14522718)

> 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.

- Status: Active - Proposal to Strike off
- Incorporated: 2022-12-05
- Registered office: West Drayton, UB7 7DS
- SIC 47190: Other retail sale in non-specialised stores
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-19
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 2,164 comparable companies in Greater London (median £1,034, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£43k | — | — | £32k | — | — | 2 |
| 2024-12-31 | −£24k | — | — | £18k | — | — | 3 |
| 2023-12-31 | −£17k | — | — | £17k | — | — | 1 |

current ratio 0.05; net assets trend falling; size band micro.

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

- Net assets below zero: Net 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 year: Current ratio 0.05
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 5 December 2022
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Mr Jagtar Singh — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-07-19
- Mr Lakhbir Singh Sethi — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-07-19

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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/14522718
HTML: https://firmoscan.com/company/14522718-mahtabi-budget-ltd