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Bearing Store Limited

07137267

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

19 NORTH STREET, ASHFORD, TN24 8LF
Incorporated 26/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Dean Morse

director · Since 26/01/2010

ENGINEER

BRITISH · UNITED KINGDOM · Age 53

Also on 15 other boards

Graham Featonby Morse

director · Since 02/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 7 other boards

Mrs Karen Lynn Morse

director · Since 02/12/2015

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Dean Morse

25–50% shares
25–50% votes

British · United Kingdom · Age 53

34, Blue Field, Ashford, TN23 5HP

Notified 06/04/2016

Graham Featonby Morse

25–50% shares
25–50% votes

British · United Kingdom · Age 79

Rosemont, Victoria Crescent, Ashford, TN23 7HL

Notified 06/04/2016

Mrs Karen Lynn Morse

25–50% shares
25–50% votes

American · United Kingdom · Age 55

34, Blue Field, Ashford, TN23 5HP

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 22/01/2013Registered 28/01/2013Satisfied 21/01/2016

CompanyRankvs 5989+ SIC 71121 peers
42

Financial strength3th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.72× · 6/20
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 strength1/25 pts

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

Employees5/15 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 31/01/2024

Net Worth

-£65k

Balance sheet strength

Cash

£95

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£191k

Current Liabilities

£264k

Fixed Assets

£18k

Debtors

£136k

1avg. employees

Balance Sheet

Assets less current liabilities-£55k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£25k
2023-1.11-£5k
20220.51-£7k
20210.51
20200.72
20190.32

Derived from filed accounts. Not audited figures.