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Free Trade Beers And Minerals Limited

02599500

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

UNIT 6 NORTHGATE BUSINESS CENTRE, ROMFORD, RM5 2BG
Incorporated 08/04/1991

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 28/04/2026

Due 12/05/2027

On track

Industry

46342
46342
47990
Other retail sale not in stores, stalls or markets

Officers

Mr. Satwant Singh

director · Since 08/04/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 6 other boards

Mr Ranveer Singh Mohal

director · Since 01/04/2011

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 40

Persons with Significant Control

Free Trade Beers Holding Limited

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

Unit 6, Northgate Business Centre, Romford, RM5 2BG

Reg: 14828846 · England And Wales Companies Registry · Private Limited

Notified 27/04/2023

Former PSCs

Mr Satwant Singh

Ceased 27/04/2023

Mr Ranveer Singh Mohal

Ceased 27/04/2023

Baljit Kaur Mohal

Ceased 18/04/2023

Charges5 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 28/01/2026Registered 17/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 12/02/2026Registered 16/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 23/01/2026Registered 26/01/2026
Charge
outstanding

HSBC UK BANK PLC

Created 09/01/2026Registered 14/01/2026
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2004Registered 01/05/2004

CompanyRankvs 283+ SIC 46342 peers
73

Financial strength88th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.55× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£171k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£446k

Working capital

Current Assets

£1.3M

Current Liabilities

£815k

Fixed Assets

£69k

Debtors

£606k

21avg. employees+4

Balance Sheet

Bank loans & overdrafts£303k
Assets less current liabilities£515k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.55+£3k
20231.29+£38k
20221.32+£22k
20211.68-£24k
20202.06-£56k
20191.32+£149k
20181.01

Derived from filed accounts. Not audited figures.