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Vagabond Bags Limited

00593052

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

325-327 OLDFIELD LANE NORTH, GREENFORD, UB6 0FX
Incorporated 05/11/1957

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15120
Manufacture of luggage, handbags and the like, saddlery and harness
46499
46499

Officers

Brenda Michelson

secretary · Since 27/03/1991

BRITISH · Age 88

Also on 1 other board

Simon Shammah Michelson

director · Since 27/03/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Kirsty Louise Howard

director · Since 01/04/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Simon Shammah Michelson

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 60

16, High Street, Cirencester, GL7 5JT

Notified 06/04/2016

Former PSCs

Susan Paula Michelson

Ceased 29/05/2019

CompanyRankvs 102+ SIC 15120 peers
72

Financial strength71th percentile among SIC peers · 18/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 6.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£10k

Balance sheet strength

Cash

£597k

Cash in the bank

Net Current Assets

£638k

Working capital

Current Assets

£749k

Current Liabilities

£111k

Fixed Assets

£40k

Debtors

£105k

0avg. employees-20

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£677k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.72+£0
20244.81+£0
20235.71

Derived from filed accounts. Not audited figures.