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Lets Party Fireworks Ltd

11413474

active
Private Limited Company
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

49 SUTTONS LANE, HORNCHURCH, RM12 6RJ
Incorporated 13/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Glen William Brown

secretary · Since 13/06/2018

Also on 2 other boards

Mr Glen William Brown

director · Since 13/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

CompanyRankvs 8222+ SIC 47789 peers
31

Financial strength7th percentile among SIC peers · 2/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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8222Lets Party Fireworks Ltd
31
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.

Employees4/15 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.

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 30/06/2025

Net Worth

-£49k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£21k

Current Liabilities

£50k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£29k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£18k
20240.79-£15k
20235.56-£69k
20220.64+£48k
20211.21+£3k
20201.06—

Derived from filed accounts. Not audited figures.