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Bulb Interiors Limited

05353540

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O AZETS HOLDINGS LIMITED OXFORD HOUSE, NEWBURY, RG14 1JB
Incorporated 04/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Michael Stuart Peate

director · Since 31/12/2025

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Matthew Adrian Eastwood

director · Since 30/04/2026

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Unispace Global Limited

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

Devon House, St. Katharines Way, London, E1W 1JP

Reg: 07719633 · Registrar Of Companies · Private Limited Company

Notified 15/08/2023

Former PSCs

Mr Paul Stuart Horsburgh

Ceased 15/08/2023

Mr Derek Andrew Jones

Ceased 15/08/2023

Charges1 outstanding

Charge
outstanding

GLAS TRUST (SINGAPORE) LTD. AS SECURITY TRUSTEE

Created 04/08/2025Registered 06/08/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/01/2007Registered 23/01/2007Satisfied 18/07/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/01/2006Registered 25/01/2006Satisfied 12/09/2025

CompanyRankvs 1519+ SIC 43390 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.65× · 16/20
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 strength25/25 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

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£38.7M

Annual revenue

Net Worth

£5.7M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£5.7M

Working capital

Current Assets

£14.4M

Current Liabilities

£8.8M

Fixed Assets

£52k

Debtors

£11.4M

Cost of Sales

£31.8M

Gross Profit

£6.9M

Admin Expenses

£4.7M

Operating Profit

£2.2M

Profit After Tax

£2.0M

36avg. employees+8

Tax at Year End

Corp tax£93k

Director Loans(2018)

Directors owe company£100k

People Costs

Wages & salaries£2.9M
NI contributions£339k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£5.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.65+£968k
20231.53+£3.8M
20211.18+£356k
20201.44+£49k
20191.19+£236k
20181.17+£100k£674k
20161.21£1.3M

Derived from filed accounts. Not audited figures.