Back to search

Good For Nothing Ltd.

08531857

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

THE EXCHANGE, BURY, BL9 0DN
Incorporated 16/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mr Jack Mcleish

director · Since 16/05/2013

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Mr Rajan Kumar

director · Since 24/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 23 other boards

Mr Rajan Kumar

secretary · Since 07/10/2019

Also on 23 other boards

Persons with Significant Control

Mr Rajan Kumar

25–50% shares
25–50% votes

British · England · Age 64

The Exchange, 5 Bank Street, Bury, BL9 0DN

Notified 31/03/2023

Mr Sanjay Kumar

25–50% shares
25–50% votes

British · England · Age 57

The Exchange, 5 Bank Street, Bury, BL9 0DN

Notified 31/03/2023

Former PSCs

Mr Jack Mcleish

Ceased 31/03/2023

Mr Sean Anderson

Ceased 24/09/2019

Whispering Smith Group Plc

Ceased 31/03/2023

Charges2 outstanding

Charge
outstanding

WHISPERING SMITH LIMITED

Created 24/09/2019Registered 02/10/2019
Charge
outstanding

HSBC UK BANK PLC

Created 15/08/2019Registered 20/08/2019
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 01/08/2019Registered 01/08/2019Satisfied 21/10/2022
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 01/08/2019Registered 01/08/2019Satisfied 21/10/2022
Charge
satisfied

SCOTTISH PACIFIC TRADE LIMITED

Created 14/03/2018Registered 21/03/2018Satisfied 12/08/2019
Charge
satisfied

SCOTTISH PACIFIC BUSINESS FINANCE (UK) LTD

Created 17/10/2017Registered 20/10/2017Satisfied 12/08/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 02/06/2017Registered 09/06/2017Satisfied 26/10/2022
Charge
satisfied

SCOTTISH PACIFIC TRADE LIMITED

Created 02/05/2017Registered 18/05/2017Satisfied 23/03/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 25/02/2016Registered 01/03/2016Satisfied 23/03/2018
Charge
satisfied

TRADE FINANCE PARTNERS LIMITED

Created 02/02/2015Registered 02/02/2015Satisfied 19/02/2016

CompanyRankvs 2689+ SIC 14190 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Failsworth Hats Limited
90
2J.Barbour & Sons,Limited
90
3Derek Rose Limited
90
4A. W. Bent Limited
90
5Ioma Clothing Company Limited
90
6Respirex International Limited
90
7Shepherd And Woodward Limited
90
8G.H.Stafford & Son Limited
90
9Adjustoform Products Limited
90
10D.H.J. Weisters Limited
90
2689Good For Nothing Ltd.
34
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.

Employees4/15 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.

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.3M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£235k

Current Liabilities

£1.5M

Fixed Assets

£0

Debtors

£19k

0avg. employees-3

Tax at Year End(2022)

Corp tax£654

Director Loans(2022)

Directors owe company£50k

Balance Sheet

Intangible assets£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15-£62k
20240.26-£14k
20230.34-£336k
20220.61-£319k
20210.65-£227k
20200.73-£147k
20190.94—

Derived from filed accounts. Not audited figures.