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Essential Wear Ltd

07339917

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

14 HILLSIDE, BOLTON, BL1 5DT
Incorporated 09/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mrs Shehnaz Adam

secretary · Since 09/08/2010

Mr Yunus Mohamed Adam Adam

director · Since 09/08/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Yunus Adam

25–50% shares

British · England · Age 60

14 Hillside, Hill Side, Bolton, BL1 5DT

Notified 21/07/2016

CompanyRankvs 2308+ SIC 47710 peers
75

Financial strength77th percentile among SIC peers · 19/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2308Essential Wear Ltd
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How is this score calculated?
Financial strength19/25 pts

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

Employees10/15 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 31/08/2024

Net Worth

£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£45k

Current Liabilities

£28k

Fixed Assets

£1k

2avg. employees

Tax at Year End(2020)

Corp tax£2k

Director Loans(2019)

Company owes directors£269

Balance Sheet

Assets less current liabilities£19k
Signed by Mr Yunus M.A. Ismail 20/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.64+£713—
20231.47+£2k—
20221.37+£1k—
20211.19+£7k—
20201.06-£3k—
20191.14-£5k£5k
20181.47—£9k

Derived from filed accounts. Not audited figures.