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Express Bargains Limited

10132247

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

15 SPRING MEADOW CLOSE, WOLVERHAMPTON, WV8 1GJ
Incorporated 19/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Jasbir Singh Sahota

director · Since 19/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mrs Manjit Sahota

secretary · Since 30/06/2016

Persons with Significant Control

Mr Jasbir Singh Sahota

75–100% shares
75–100% votes

British · United Kingdom · Age 53

15 Spring Meadow Close, Wolverhampton, WV8 1GJ

Notified 30/06/2016

CompanyRankvs 9460+ SIC 47910 peers
69

Financial strength85th percentile among SIC peers · 21/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.14× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 pts

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

Liquidity20/20 pts

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

Longevity10/15 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 30/04/2024

Net Worth

£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£24k

Current Liabilities

£8k

0avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.14+£577
20234.82+£6k
20221.35-£5k
20211.57+£19k
20200.88+£242
20190.88+£2k
20180.56

Derived from filed accounts. Not audited figures.