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Blissful Life Limited

05550470

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

107-109 GLOUCESTER ROAD, LONDON, SW7 4SS
Incorporated 31/08/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores
47750
Retail sale of cosmetic and toilet articles in specialised stores

Officers

Luma Auchi

secretary · Since 31/12/2015

Ms Reem Auchi

director · Since 31/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

General Mediterranean Holdings (Uk) Ltd

75–100% shares

Lincoln House, 137-143 Hammersmith Road, London, W14 0QL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

GM FINANCE LTD

Created 06/07/2009Registered 24/07/2009Satisfied 12/02/2018

CompanyRankvs 145+ SIC 47730 peers
77

Financial strength98th percentile among SIC peers · 25/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.59× · 20/20
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 strength25/25 pts

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

Employees12/15 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

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

expectation that the company has adequate resources to continue in operational existence for the foreseeable future and meet its liabilities as they fall due. The director continues to adopt the going concern basis of accounting in preparing the financial statements on the basis that there are no material uncertainties related to events and conditions, that may cast doubt on the ability of th

Key FinancialsYear ending 31/12/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£3.8M

Current Liabilities

£1.1M

Fixed Assets

£9k

Debtors

£3.7M

Profit After Tax

-£233k

10avg. employees

Balance Sheet

Assets less current liabilities£2.8M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20243.59-£345k
20235.06-£233k
20227.82-£80k
20218.13-£136k
202012.68

Derived from filed accounts. Not audited figures.