The Store X Limited
09732245
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
28/02/2025
medium
Next accounts due
30/11/2026
Confirmation statement
Last: 12/08/2025
Due 26/08/2026
Industry
Officers
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
British · England · Age 61
16 - 18, Marshall Street, London, W1F 7BE
Notified 06/04/2016
The Vinyl Factory Limited
16-18, Marshall Street, London, W1F 7BE
Reg: 04184222 · Companies House Register · Limited Company
Notified 06/04/2016
CompanyRankvs 6134+ SIC 47789 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | -£224k |
| 2024 | 0.67 | +£45k |
| 2023 | 0.60 | — |
Derived from filed accounts. Not audited figures.