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Storage Centre (Wales) Ltd

07865870

active
ltd
wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Dragon Parc B, Abercannaid, Merthyr Tydfil, CF48 1PQ
Incorporated 30/11/2011

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

82990
Other business support service activities

Officers

Shahid Karim

director · Since 30/11/2011

British · United Kingdom · Age 52

Former

Wahid Karim

director · Resigned 25/09/2017

Persons with Significant Control

Mr Shahid Karim

75–100% shares

British · Wales · Age 52

Dragon Parc B, Abercannaid, Merthyr Tydfil, CF48 1PQ

Notified 30/11/2016

Former PSCs

Mr Wahid Karim

Ceased 25/09/2017

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 22/02/2016Registered 22/02/2016Satisfied 21/03/2025

Change History

officer appointed → KARIM, Shahid
2026-06-11
status → active
2026-06-11

Active

type → ltd
2026-06-11

Private Limited Company

address line1 → Dragon Parc B
2026-06-11

DRAGON PARC B

post town → Merthyr Tydfil
2026-06-11

MERTHYR TYDFIL

CompanyRankvs 2119+ SIC 82990 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2119Storage Centre (Wales) Ltd
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How is this score calculated?
Financial strength25/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£217k

Cash in the bank

Net Current Assets

£774k

Working capital

Current Assets

£1.4M

Current Liabilities

£654k

Fixed Assets

£2.4M

Debtors

£1.2M

13avg. employees+4

Tax at Year End

Corp tax£47k
VAT£80k

Director Loans

Company owes directors£119k

Balance Sheet

Assets less current liabilities£3.1M
Signed by Mr S Karim 25/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.18+£20k£1.6M
20242.78+£78k£233k
20234.39+£333k£912k
20222.83+£731k£1.2M
20213.38+£142k£448k
20200.50+£191k—
20191.32——

Derived from filed accounts. Not audited figures.