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Michaels Drinkshop Ltd

08642793

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 ROBERT STREET, DUDLEY, DY3 2AZ
Incorporated 08/08/2013

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

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

Officers

Baljinder Kaur

director · Since 08/08/2013

RETAILER

INDIAN · ENGLAND · Age 62

Also on 1 other board

Joginder Singh

director · Since 08/08/2013

RETAILER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Joginder Singh

25–50% shares

British · England · Age 63

1, Robert Street, Dudley, DY3 2AZ

Notified 06/04/2016

Mrs Baljinder Kaur

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
significant-influence-or-control-as-trust

British · England · Age 62

1, Robert Street, Dudley, DY3 2AZ

Notified 06/04/2016

Former PSCs

Mr Gurdeep Ravi Singh Johal

Ceased 01/09/2017

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 26/11/2013Registered 03/12/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 15/09/2013Registered 25/09/2013

CompanyRankvs 8635+ SIC 47110 peers
46

Financial strength84th percentile among SIC peers · 21/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 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 31/08/2025

Net Worth

£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£21k

Current Liabilities

£58k

Fixed Assets

£208k

2avg. employees+5

Balance Sheet

Assets less current liabilities£170k
Prepared with v2026.19.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36+£2k
20240.43+£2k
20230.44+£1k
20220.93+£3k
20211.00-£25k
20201.87+£33k
20190.41-£39k
20180.99

Derived from filed accounts. Not audited figures.