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The Sofa Library Ltd

07717440

active
ltd
england wales
Companies House
Accounts overdue
Health Score
58 / 100

Notable Risks

10/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

122 Winchcombe Street, Cheltenham, GL52 2NW
Incorporated 25/07/2011

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 27/01/2026

Due 10/02/2027

On track

Industry

31090
Manufacture of other furniture

Officers

Miles Jonathon Gill

director · Since 25/07/2011

British · United Kingdom · Age 70

Persons with Significant Control

Mr Miles Jonathan Gill

75–100% shares

British · United Kingdom · Age 70

Windsor Cottage, Windsor Place, Bristol, BS8 4LP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

MSP CAPITAL LTD

Created 18/07/2018Registered 23/07/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 15/02/2017Registered 28/02/2017Satisfied 23/07/2018

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1122 Winchcombe Street
2026-06-09

122 WINCHCOMBE STREET

post townCheltenham
2026-06-09

CHELTENHAM

officer appointedGILL, Miles Jonathon
2026-06-09

CompanyRankvs 557+ SIC 31090 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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 compliance5/15 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 31/03/2024

Net Worth

£512k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£427k

Fixed Assets

£462k

Debtors

£874k

Profit After Tax

£66k

14avg. employees+4

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.55+£66k
20233.26+£105k
20223.01+£101k
20212.61+£21k
20202.52+£113k
20190.96

Derived from filed accounts. Not audited figures.