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Cheerful Bargains Ltd

07886727

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

163 ALEXANDRA ROAD, GATESHEAD, NE8 1RB
Incorporated 20/12/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Joseph Zvi Schleider

director · Since 19/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 140 other boards

Persons with Significant Control

Punica Group Ltd

75–100% shares
75–100% votes
Appoint directors

163, 163 Alexandra Road, Gateshead, NE8 1RB

Reg: 13854655 · England & Wales · Private Limited Company

Notified 01/11/2024

Former PSCs

Mr Joseph Zvi Schleider

Ceased 01/11/2024

CompanyRankvs 46184+ SIC 47910 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity14 years trading (max 15) · 14/15
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.

Employees8/15 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.

Longevity14/15 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 31/12/2024

Net Worth

-£118k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£118k

Working capital

Current Assets

£477k

Current Liabilities

£595k

Debtors

£47k

1avg. employees

Tax at Year End(2022)

Corp tax£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£56k
20230.92+£86k
20220.85-£270k
20211.10-£267k
20201.44+£160k
20191.27+£42k
20181.11

Derived from filed accounts. Not audited figures.