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Cutting Lounge (Bolton) Ltd

11031501

active
Private Limited Company
england wales
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

341 BLACKBURN ROAD, BOLTON, BL1 8DY
Incorporated 25/10/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Yasir Waseem Faisal

director · Since 25/10/2017

BARBER

PAKISTANI · UNITED KINGDOM · Age 33

Also on 1 other board

Persons with Significant Control

Mr Yasir Waseem Faisal

75–100% shares

Pakistani · United Kingdom · Age 33

341, Blackburn Road, Bolton, BL1 8DY

Notified 25/10/2017

CompanyRankvs 4659+ SIC 96020 peers
71

Financial strength74th percentile among SIC peers · 19/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 15.64× · 20/20
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 strength19/25 pts

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

Employees8/15 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.

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

£7k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£13k

Current Liabilities

£839

Fixed Assets

£3k

2avg. employees-1

Tax at Year End

Corp tax£359

Director Loans

Company owes directors£732

Balance Sheet

Assets less current liabilities£15k
Signed by Mr Yasir Faisal 29/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202415.64+£2k
20237.57+£3k
20221.35
20210.03
20206.26
20190.40
20180.99

Derived from filed accounts. Not audited figures.