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Gateshead Cost Shop

08258944

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2ND FLOOR - PARKGATES BURY NEW ROAD, MANCHESTER, M25 0TL
Incorporated 18/10/2012

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Menachem Mendel Shein

director · Since 18/10/2012

EDUCATION

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mrs Rochelle Shein

director · Since 13/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Menachem Mendel Shein

25–50% votes

British · United Kingdom · Age 57

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Notified 18/10/2016

Mrs Rochelle Shein

25–50% votes

British · England · Age 54

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Notified 13/03/2023

CompanyRankvs 3650+ SIC 47110 peers
69

Financial strength66th percentile among SIC peers · 17/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.2× · 12/20
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 strength17/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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 30/11/2024

Net Worth

£21k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£56k

Current Liabilities

£47k

Fixed Assets

£11k

Debtors

-£58k

5avg. employees

Tax at Year End(2022)

Corp tax£246

Balance Sheet

Assets less current liabilities£21k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£25k
20231.34-£5k
20221.64-£13k
20212.28

Derived from filed accounts. Not audited figures.