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Bullet Ventures Limited

07476809

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

THE HORNITS' NEST, EXETER, EX1 1SQ
Incorporated 22/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods

Officers

Thomas James Albert De Pelet

director · Since 22/12/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Thomas James Albert De Pelet

75–100% shares

British · England · Age 48

The Hornits' Nest, 45 Denmark Road, Exeter, EX1 1SQ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

PHP DE PELET · LSW DE PELET

Created 21/04/2026Registered 24/04/2026
Charge
satisfied

HSBC UK BANK PLC

Created 12/05/2020Registered 15/05/2020Satisfied 29/04/2025

CompanyRankvs 39+ SIC 32300 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.81× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/12/2025

Net Worth

£914k

Balance sheet strength

Cash

£563k

Cash in the bank

Net Current Assets

£889k

Working capital

Current Assets

£1.0M

Current Liabilities

£153k

Fixed Assets

£26k

Debtors

£121k

6avg. employees

Tax at Year End

Corp tax£19k

Balance Sheet

Intangible assets£21k
Assets less current liabilities£915k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20256.81+£23k
20246.12-£32k£813k
20233.94£881k

Derived from filed accounts. Not audited figures.