Back to search

Consume It Limited

04942275

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 11 NAVIGATION BUSINESS CENTRE, NEWARK, NG24 4TS
Incorporated 23/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Gary Taylor

director · Since 01/03/2005

COMPUTER RETAIL SALESMAN

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Gary Taylor

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

British · England · Age 58

Office 11 Navigation Business Centre, Mill Gate, Newark, NG24 4TS

Notified 23/10/2016

Former PSCs

Miss Ruth Frances Lynsey

Ceased 26/02/2019

CompanyRankvs 7620+ SIC 47789 peers
34

Financial strength9th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

-£31k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£2k

Current Liabilities

£33k

Debtors

£1k

Tax at Year End

Corp tax£454

Director Loans

Company owes directors£32k

Balance Sheet

Assets less current liabilities-£31k
Signed by Mr Gary Taylor 23 September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07+£5k
20230.06+£987
20220.04-£772
20210.05+£673
20200.06-£445
20190.04

Derived from filed accounts. Not audited figures.