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Ecobag (Uk) Ltd.

09284386

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE EXCHANGE, BURY, BL9 0DN
Incorporated 28/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr. Joe Margaglione

director · Since 28/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mr Peter Nigel Taylor

director · Since 28/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Persons with Significant Control

Ecobag (Uk) Holdings Limited

75–100% shares
75–100% votes

Channel Way, Ashton-On-Ribble, Preston, PR2 2YA

Notified 26/09/2019

Former PSCs

Mr Joe Margaglione

Ceased 26/09/2019

Mr Peter Nigel Taylor

Ceased 26/09/2019

Charges3 outstanding

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outstanding

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SANTANDER UK PLC

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CompanyRankvs 4680+ SIC 47190 peers
50

Financial strength99th percentile among SIC peers · 25/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£240k

Cash in the bank

Profit Before Tax

£53k

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.3M

Fixed Assets

£201k

Debtors

£2.5M

Admin Expenses

£1.9M

Profit After Tax

£32k

0avg. employees-19

Tax at Year End

Corp tax£31k
Dividends paid£131k

People Costs

Wages & salaries£444k

Balance Sheet

Intangible assets£9k
Bank loans & overdrafts£278k
Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.58-£107k
20241.57+£393k
20231.35+£403k
20221.46+£550k
20211.43

Derived from filed accounts. Not audited figures.