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Great British Bag Limited

05722832

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

27 CORNWALLIS ROAD, LONDON, N19 4LP
Incorporated 27/02/2006

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

56290
Other food service activities

Officers

Ms Wahida Shaheen Ashiq

director · Since 28/02/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Ms Wahida Shaheen Ashiq

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

British · England · Age 52

27, Cornwallis Road, London, N19 4LP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/10/2012Registered 11/10/2012

CompanyRankvs 11277+ SIC 56290 peers
30

Financial strength6th percentile among SIC peers · 2/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£2k

Current Liabilities

£54k

1avg. employees

Balance Sheet

Assets less current liabilities-£53k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£13k
20240.47+£47k
20230.20+£20k
20220.19-£1k
20210.33
20200.10
20190.12

Derived from filed accounts. Not audited figures.