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Mls Retail (Porthcawl) Limited

10846256

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

30 JOHN STREET, PORTHCAWL, CF36 3BA
Incorporated 03/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47789
Other retail sale of new goods in specialised stores

Officers

Mrs Michelle Smith

director · Since 03/07/2017

MANAGER

BRITISH · UNITED KINGDOM · Age 55

Former

Mr Colin Richard Smith

director · Resigned 18/06/2026

Persons with Significant Control

Mrs Michelle Smith

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

British · United Kingdom · Age 55

30, John Street, Porthcawl, CF36 3BA

Notified 03/07/2017

Charges1 outstanding

Charge
outstanding

TALLAGHT FINANCIAL LTD

Created 22/09/2025Registered 26/09/2025

CompanyRankvs 9054+ SIC 47710 peers
22

Financial strength6th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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9054Mls Retail (Porthcawl) Limited
42
How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

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

Longevity9/15 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

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have prepared the financial statements on a going concern basis. The company’s ability to continue as a going concern is dependent upon the continued financial s

Key FinancialsYear ending 31/07/2025

Net Worth

-£58k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£31k

Current Liabilities

£65k

Fixed Assets

£696

9avg. employees+1

Tax at Year End

Corp tax-£108
VAT£8k

Director Loans

Company owes directors£16k

Balance Sheet

Assets less current liabilities-£33k
Signed by Mrs Michelle Smith 29/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.48-£29k£155k
20240.91-£17k£85k
20231.34—£222k
20222.91—£107k
20212.15—£112k

Derived from filed accounts. Not audited figures.