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Cheers Ltd

11207163

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

WATERLOO HOUSE, CIRENCESTER, GL7 2PY
Incorporated 15/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mrs Sarah Joanne Gassmann

director · Since 22/07/2019

PUBLICAN

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mrs Sarah Joanne Gassmann

75–100% shares

British · England · Age 52

Waterloo House, 18 The Waterloo, Cirencester, GL7 2PY

Notified 30/08/2019

Former PSCs

Mr John Gassmann

Ceased 30/08/2019

CompanyRankvs 5671+ SIC 56302 peers
63

Financial strength64th percentile among SIC peers · 16/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity16/20 pts

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

Longevity8/15 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 28/02/2025

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£25k

Current Liabilities

£16k

Fixed Assets

£732

5avg. employees-2

Balance Sheet

Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56-£696
20241.49
20230.99

Derived from filed accounts. Not audited figures.