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Bearing Options Limited

08207577

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BARBICAN HOUSE 36 NEW STREET, PLYMOUTH, PL1 2NA
Incorporated 10/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Terrence David Blake

director · Since 10/09/2012

WHOLESALER

BRITISH · UNITED KINGDOM · Age 60

Also on 7 other boards

Persons with Significant Control

Mr Terrence David Blake

50–75% shares
50–75% votes
Appoint directors
Significant control

British · United Kingdom · Age 60

6, Middlefield Close, Saltash, PL12 4UY

Notified 01/07/2016

Former PSCs

Mrs Rosemarie Blake

Ceased 07/12/2022

CompanyRankvs 63789+ SIC 47910 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.27× · 2/20
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 strength0/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

-£602k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£569k

Working capital

Current Assets

£211k

Current Liabilities

£781k

Fixed Assets

£17k

-1avg. employees-1

Balance Sheet

Assets less current liabilities-£552k
Prepared with v2025.41.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27-£532k
20230.12-£83k
20220.96+£10k
20210.78-£26k
20200.58+£28k
20190.88-£401
20180.80

Derived from filed accounts. Not audited figures.