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Betrusted Limited

08288664

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)
  • Going concern doubt noted in accounts (-10)

Details

20 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 12/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47890
Retail sale via stalls and markets of other goods
47910
Retail sale via mail order houses or via Internet

Officers

Mrs Ying Chen

director · Since 12/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Shibin Jiang

director · Since 12/11/2012

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Shibin Jiang

25–50% shares
25–50% votes

British · England · Age 53

20 Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

Mrs Ying Chen

25–50% shares
25–50% votes

British · England · Age 51

20 Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

CompanyRankvs 2367+ SIC 47890 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees12/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Although liabilities exceed assets, the company has

Key FinancialsYear ending 30/11/2024

Net Worth

-£193k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£21k

Current Liabilities

£25k

Fixed Assets

£248

Debtors

£1k

2avg. employees

Tax at Year End(2019)

VAT£889

Director Loans(2019)

Company owes directors£11k

Balance Sheet

Intangible assets£170
Assets less current liabilities-£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.85-£1k—
20230.86-£9k—
20222.01-£22k—
20212.98-£9k—
20203.24-£8k—
20191.55-£18k£18k
20182.00—£16k

Derived from filed accounts. Not audited figures.