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Cheers Wine Merchants Limited

04952210

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

132 WEST CROSS LANE, SWANSEA, SA3 5NG
Incorporated 04/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342
47250
Retail sale of beverages in specialised stores

Officers

Mr Andrew Timothy Morris

secretary · Since 04/11/2003

BUSINESSMAN

WELSH · WALES · Age 71

Also on 5 other boards

Mr Andrew Timothy Morris

director · Since 04/11/2003

BUSINESSMAN

WELSH · WALES · Age 71

Also on 5 other boards

Mr Dafydd James Morris

director · Since 04/11/2003

BUSINESSMAN

BRITISH · WALES · Age 47

Persons with Significant Control

Mrs Gaynor Grace Morris

25–50% shares

Welsh · Wales · Age 71

132, West Cross Lane, Swansea, SA3 5NG

Notified 06/04/2016

Mr Dafydd James Morris

25–50% votes

Welsh · Wales · Age 47

132, West Cross Lane, Swansea, SA3 5NG

Notified 06/04/2016

Mr Andrew Timothy Morris

right-to-appoint-and-remove-directors-as-firm

Welsh · Wales · Age 71

132, West Cross Lane, Swansea, SA3 5NG

Notified 01/05/2016

Charges4 outstanding

Charge
outstanding

DBW INVESTMENTS (14) LIMITED

Created 14/05/2021Registered 24/05/2021
Charge
outstanding

DBW INVESTMENTS (14) LIMITED

Created 14/05/2021Registered 24/05/2021
charge
satisfied

ULTIMATE INVOICE FINANCE LIMITED

Created 31/01/2012Registered 08/02/2012Satisfied 08/06/2015
charge
outstanding

BARCLAYS BANK PLC

Created 15/10/2010Registered 30/10/2010
charge
outstanding

BARCLAYS BANK PLC

Created 12/01/2004Registered 21/01/2004

CompanyRankvs 62+ SIC 46342 peers
78

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Hennings Wine Merchants Limited
90
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90
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90
4Imporient (U.K.) Limited
90
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6Maison Maurice Limited
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90
8Amathus Drinks Plc
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9Seckford Wines Limited
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90
62Cheers Wine Merchants Limited
88
How is this score calculated?
Financial strength23/25 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.

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.

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 28/02/2025

Net Worth

£291k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£290k

Working capital

Current Assets

£566k

Current Liabilities

£275k

Fixed Assets

£479k

Debtors

£269k

20avg. employees

Balance Sheet

Assets less current liabilities£770k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.06-£5k
20242.04+£1k
20231.50+£30k
20221.63+£57k
20211.79+£92k
20201.34+£25k
20191.29—

Derived from filed accounts. Not audited figures.