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Cheers Wines Limited

08813093

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

46 HOUGHTON PLACE, BRADFORD, BD1 3RG
Incorporated 12/12/2013

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

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

Officers

Mr Ganeshkumar Sivanathan

director · Since 29/06/2014

MANAGER

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Ganeshkumar Sivanathan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 52

46, Houghton Place, Bradford, BD1 3RG

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 24/07/2015Registered 28/07/2015

CompanyRankvs 15316+ SIC 47110 peers
40

Financial strength12th percentile among SIC peers · 3/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 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.

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

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£44k

Current Liabilities

£93k

Fixed Assets

£41k

3avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47-£4k
20230.51
20210.51
20200.62-£1k
20190.65-£881
20180.65

Derived from filed accounts. Not audited figures.