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Bargain Buys Limited

09078846

active
Private Limited Company
wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

54 LABURNUM CLOSE, NEWPORT, NP10 9JQ
Incorporated 10/06/2014

Compliance

Last accounts

31/08/2024

dormant

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Velauthapillai Ravidhas

director · Since 10/06/2014

PROPRIETOR

BRITISH · WALES · Age 55

Persons with Significant Control

Mr Velauthapillai Ravidhas

75–100% shares

British · Wales · Age 55

54 Laburnum Close, Rogerstone, Newport, NP10 9JQ

Notified 06/04/2016

CompanyRankvs 1488+ SIC 47300 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/08/2024

Net Worth

£2

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Tax at Year End(2020)

Corp tax£9k

Director Loans(2021)

Directors owe company£6k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20212.52-£15k
20204.02+£39k
20191.51+£3k
20181.36

Derived from filed accounts. Not audited figures.