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The Store X Limited

09732245

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

15 NEWLAND, LINCOLN, LN1 1XG
Incorporated 13/08/2015

Compliance

Last accounts

28/02/2025

medium

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores
68202
Letting and operating of conference and exhibition centres
68209
Other letting and operating of own or leased real estate
90040
Operation of arts facilities

Officers

Camamile Limited

secretary · Since 09/10/2015

BRITISH

Also on 42 other boards

Mr Tim Joicey Robinson

director · Since 09/10/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 15 other boards

Persons with Significant Control

Mr Timothy Joicey Robinson

Significant control

British · England · Age 61

16 - 18, Marshall Street, London, W1F 7BE

Notified 06/04/2016

The Vinyl Factory Limited

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

16-18, Marshall Street, London, W1F 7BE

Reg: 04184222 · Companies House Register · Limited Company

Notified 06/04/2016

CompanyRankvs 6134+ SIC 47789 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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

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

Going Concern Doubt

limitation of scope we have been unable to audit opening stock amounting to £485,816 and the closing stock figure of £1,359,012 included in these financial statements. Material uncertainty related to going concern We draw attention to note 2 in the financial statements, which indicates that there was a loss of £223,738 for the year ended 28 February 2025 and net liabilities of £930,755 which inclu

Key FinancialsYear ending 28/02/2025

Turnover

£10.3M

Annual revenue

Net Worth

-£931k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

-£224k

Bottom line earnings

Net Current Assets

-£152k

Working capital

Current Assets

£4.8M

Current Liabilities

£5.0M

Fixed Assets

£1.4M

Debtors

£3.5M

Cost of Sales

£10.1M

Gross Profit

£195k

Admin Expenses

£788k

Operating Profit

-£223k

Profit After Tax

-£224k

66avg. employees+7

Balance Sheet

Intangible assets£42k
Bank loans & overdrafts£10k
Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£224k
20240.67+£45k
20230.60

Derived from filed accounts. Not audited figures.