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Dustbag Limited

05363978

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ROOM 201, ENDEAVOUR HOUSE WREST PARK, BEDFORD, MK45 4HS
Incorporated 14/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Nathan John Wood

director · Since 14/02/2005

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Ms Carol Louise Griffiths

director · Since 01/07/2008

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Ms Carol Louise Griffiths

25–50% shares
25–50% votes

British · England · Age 52

Room 201, Endeavour House, Wrest Park, Bedford, MK45 4HS

Notified 06/04/2016

Mr Nathan John Wood

50–75% shares
50–75% votes

British · England · Age 50

Room 201, Endeavour House, Wrest Park, Bedford, MK45 4HS

Notified 06/04/2016

CompanyRankvs 8936+ SIC 47990 peers
48

Financial strength19th percentile among SIC peers · 5/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8936Dustbag Limited
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How is this score calculated?
Financial strength5/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£59k

Current Liabilities

£40k

Fixed Assets

£362

Debtors

£31k

2avg. employees

Balance Sheet

Assets less current liabilities£20k
Signed by Carol Griffiths Nathan John Wood 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.49+£195
20241.52+£5k
20231.48—
20221.59—
20211.00—

Derived from filed accounts. Not audited figures.