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Who Needs Shops Limited

06505712

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LEYTONSTONE HOUSE, LEYTONSTONE, E11 1GA
Incorporated 15/02/2008

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

26/11/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Laurence David Payne

director · Since 15/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 48 other boards

Mr Russell Laurence Payne

director · Since 20/03/2012

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Mrs Maria Payne

secretary · Since 01/01/2016

Persons with Significant Control

Mr Russell Laurence Payne

25–50% shares
25–50% votes

British · England · Age 42

Leytonstone House, 3 Hanbury Drive, Leytonstone, E11 1GA

Notified 06/04/2016

Mrs Maria Payne

25–50% shares
25–50% votes

British · United Kingdom · Age 62

Leytonstone House, 3 Hanbury Drive, Leytonstone, E11 1GA

Notified 01/06/2017

Former PSCs

Mr Laurence David Payne

Ceased 01/06/2017

CompanyRankvs 489+ SIC 47540 peers
76

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 pts

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

Liquidity16/20 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 28/02/2025

Net Worth

£166k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£409k

Current Liabilities

£217k

Fixed Assets

£27k

Debtors

£382k

2avg. employees

Tax at Year End

Corp tax£5k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88+£1k
20241.37+£45k
20231.44

Derived from filed accounts. Not audited figures.