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Gin Shed Limited

10993027

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SUITE 1.1, 11 MALLARD WAY, DERBY, DE24 8GX
Incorporated 03/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11010
Distilling, rectifying and blending of spirits
46170
Agents involved in the sale of food, beverages and tobacco

Officers

Mrs Sarah Elaine Watkins

secretary · Since 03/10/2017

Also on 3 other boards

Mrs Sarah Elaine Watkins

director · Since 03/10/2017

RETAIL MANAGER

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mrs Sarah Elaine Watkins

Significant control

British · United Kingdom · Age 50

49 Willowside Green, Spondon, Derby, DE21 7SP

Notified 03/10/2017

CompanyRankvs 727+ SIC 11010 peers
38

Financial strength18th percentile among SIC peers · 5/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£21k

Current Liabilities

£66k

Fixed Assets

£7k

1avg. employees

Balance Sheet

Assets less current liabilities-£37k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£9k
20230.38+£420
20220.33-£8k
20210.29-£9k
20200.53

Derived from filed accounts. Not audited figures.