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Sweet Dreams (Nelson) Limited

02322358

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

Primrose Mill Martin Street, Burnley, Lancashire, BB10 1SH
Incorporated 28/11/1988

Previously known as

Raypoint Limited · until 21/03/1989

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

32990
Other manufacturing

Officers

Riaz Ahmed

director

British · England · Age 77

Adnan Farooq Ahmed

secretary · Since 11/08/2011

British

Adnan Farooq Ahmed

director · Since 02/10/2012

British · England · Age 42

Majid Ahmed

director · Since 02/10/2012

British · England · Age 50

Persons with Significant Control

Mr Riaz Ahmed

Significant control

British · England · Age 77

West Lynn, Barrowford Road, Colne, BB8 9QW

Notified 06/04/2016

Dreambase Limited

75–100% shares

Primose Mill, Martin Street, Burnley, BB10 1SH

Reg: 06819856 · Companies House · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 29/07/2022Registered 05/08/2022
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/06/2020Registered 30/06/2020Satisfied 01/08/2022
Charge
outstanding

LLOYDS BANK PLC

Created 16/09/2019Registered 02/10/2019
Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 13/11/2013Registered 15/11/2013Satisfied 30/06/2022
charge
outstanding

DREAMBASE LIMITED

Created 02/04/2009Registered 07/04/2009
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/01/2007Registered 19/01/2007Satisfied 14/03/2009
charge
satisfied

LLOYDS TSB BANK PLC

Created 11/01/2007Registered 16/01/2007Satisfied 25/03/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 13/01/2006Registered 17/01/2006Satisfied 16/11/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2005Registered 13/10/2005Satisfied 16/11/2007
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 04/03/2005Registered 12/03/2005Satisfied 21/06/2008
charge
satisfied
Created 11/06/2002Registered 12/06/2002Satisfied 21/06/2008
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 11/06/2002Registered 12/06/2002Satisfied 21/06/2008
charge
satisfied

RIAZ AHMED AND REGIA BEGUM

Created 10/06/2002Registered 11/06/2002Satisfied 21/06/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/10/2001Registered 16/11/2001Satisfied 16/11/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/10/1998Registered 27/10/1998Satisfied 16/11/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/10/1998Registered 27/10/1998Satisfied 16/11/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/1990Registered 29/08/1990Satisfied 16/11/2007

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Primrose Mill Martin Street
2026-06-05

PRIMROSE MILL MARTIN STREET

post townLancashire
2026-06-05

LANCASHIRE

officer appointedAHMED, Adnan Farooq
2026-06-05
officer appointedAHMED, Adnan Farooq
2026-06-05
officer appointedAHMED, Majid
2026-06-05
officer appointedAHMED, Riaz
2026-06-05

CompanyRankvs 8415+ SIC 32990 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£8.5M

Annual revenue

Net Worth

-£527k

Balance sheet strength

Cash

£138k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

-£893k

Working capital

Current Assets

£2.4M

Current Liabilities

£3.3M

Fixed Assets

£417k

Debtors

£1.1M

Cost of Sales

£6.5M

Gross Profit

£2.0M

Admin Expenses

£2.3M

Profit After Tax

-£1.2M

139avg. employees-15

People Costs

Wages & salaries£3.3M
NI contributions£274k

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£477k
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73-£1.2M
20241.09-£1.1M
20231.34-£132k
20221.26+£100k
20211.23

Derived from filed accounts. Not audited figures.