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My Outlet Store Ltd.

11223433

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

INITIAL BUSINESS CENTRE WILSON BUSINESS PARK, MANCHESTER, M40 8WN
Incorporated 23/02/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/02/2026

Due 08/03/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Umit Serce

director · Since 23/02/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Umit Serce

75–100% shares

British · England · Age 44

170, Grange Avenue, Oldham, OL8 4EQ

Notified 18/03/2019

CompanyRankvs 55827+ SIC 47910 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.78× · 6/20
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 strength3/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

-£15k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£55k

Current Liabilities

£71k

Fixed Assets

£18k

Debtors

£11k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78+£219
20230.76-£9k
20212.12-£5k
20200.94
20190.99
20181.02

Derived from filed accounts. Not audited figures.