Tyne Bargains Ltd
08347879
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/12/2015
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 9 other boards
Persons with Significant Control
Mr Dushantha Bandara Alawattegama
British · United Kingdom · Age 66
148 Jarrow Business Centre, Viking Industrial Estate, Jarrow, NE32 3DT
Notified 28/09/2018
Former PSCs
Mrs Boddyanga Nayanakanthi Alawattegama
Ceased 28/09/2018
CompanyRankvs 12254+ SIC 70100 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£100k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£80k
Working capital
Current Assets
£203k
Current Liabilities
£284k
Fixed Assets
£4k
Debtors
£203k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.72 | -£76k | £9k |
| 2023 | 1.00 | — | £39k |
| 2022 | 1.00 | — | £83k |
| 2021 | 1.80 | — | £124k |
Derived from filed accounts. Not audited figures.