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Bagz Limited

05829509

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 15, PORT TALBOT, SA13 1PB
Incorporated 25/05/2006

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

47190
Other retail sale in non-specialised stores
47722
47722

Officers

Mr Gurnek Singh Sangha

secretary · Since 25/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 11 other boards

Mr Mohamed Saleem Ashraf

director · Since 25/05/2006

RETAILER

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Gurnek Singh Sangha

director · Since 25/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 11 other boards

Persons with Significant Control

Mr Mohamed Saleem Ashraf

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · United Kingdom · Age 59

40, Green Bank Avenue, Birmingham, B28 8AR

Notified 25/05/2017

Mr Gurnek Singh Sangha

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · England · Age 56

41, Newburn Croft, Birmingham, B32 1QU

Notified 25/05/2017

CompanyRankvs 4099+ SIC 47190 peers
71

Financial strength78th percentile among SIC peers · 20/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4099Bagz Limited
67
How is this score calculated?
Financial strength20/25 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.

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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£23k

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£16k

Bottom line earnings

Net Current Assets

-£185

Working capital

Current Assets

£117k

Current Liabilities

£117k

Fixed Assets

£27k

Debtors

£3k

21avg. employees+3

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£27k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£3k
20230.99-£2k
20221.22+£10k
20211.68+£16k
20201.74-£2k
20190.87—
20180.79—

Derived from filed accounts. Not audited figures.