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1066 Sales Limited

05355439

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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT G21 ATLAS INDUSTRIAL PARK, RYE, TN31 7TE
Incorporated 07/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Stuart Kirkwood

secretary · Since 07/02/2005

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Melinda Kirkwood

director · Since 07/02/2005

DIRECTOR

BRITISH · ENGLAND · Age 58

Stuart Kirkwood

director · Since 07/02/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Persons with Significant Control

Melinda Kirkwood

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Unit G21, Atlas Industrial Park, Rye, TN31 7TE

Notified 06/04/2016

Stuart Kirkwood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Unit G21, Atlas Industrial Park, Rye, TN31 7TE

Notified 06/04/2016

CompanyRankvs 34265+ SIC 47910 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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

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

Going Concern Doubt

Act 2006. 3. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared under the historical cost convention. The accounts have been prepared on a going concern basis however material uncertainty exists over the company's ability to continue trading. This is due to a significant drop in turnover and increased cost of sales resulting in cashflow

Key FinancialsYear ending 30/11/2024

Net Worth

-£77k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£191k

Current Liabilities

£221k

Fixed Assets

£22k

Debtors

£2k

5avg. employees

Tax at Year End(2023)

Corp tax£6k

Balance Sheet

Intangible assets£12k
Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£94k
20231.16-£45k
20221.25+£21k
20211.64-£64k
20201.30+£78k
20190.99-£2k
20181.01—

Derived from filed accounts. Not audited figures.