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Pay Later Carpets Ltd

11579794

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

C/O KM ACCOUNTING SOLUTIONS LTD, 525A WARRINGTON ROAD, PRESCOT, L35 4LP
Incorporated 20/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Jason Thomas Bower

director · Since 20/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Mr Paul Vincent Carter

director · Since 29/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Persons with Significant Control

Mr Jason Thomas Bower

25–50% shares

British · England · Age 57

C/O Km Accounting Solutions Ltd,, 525a Warrington Road, Prescot, L35 4LP

Notified 20/09/2018

Mrs Lisa Carter

25–50% shares

British · England · Age 56

C/O Km Accounting Solutions Ltd,, 525a Warrington Road, Prescot, L35 4LP

Notified 01/09/2021

Mr Paul Vincent Carter

25–50% shares

British · England · Age 61

C/O Km Accounting Solutions Ltd,, 525a Warrington Road, Prescot, L35 4LP

Notified 01/09/2021

CompanyRankvs 1090+ SIC 47530 peers
67

Financial strength83th percentile among SIC peers · 21/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Solomon (Liskeard) Limited
90
2Lees Of Grimsby (Furnishers) Limited
90
3Bideford Carpet Service Limited
90
4Michael J.Molloy Limited
90
5Newport Furnishers Limited
90
6J.D. Lister (Furnishers) Limited
90
7P. & B. Flooring Limited
90
8Graham And Green Limited
90
9Lincolnshire Flooring Company (1977) Limited
90
10Asiatic Carpets Limited
90
1090Pay Later Carpets Ltd
66
How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

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 30/09/2024

Net Worth

£112k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£131k

Working capital

Current Assets

£241k

Current Liabilities

£109k

Fixed Assets

£2k

1avg. employees-1

Balance Sheet

Assets less current liabilities£133k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.20+£33k
20231.77+£3k
20221.42+£746
20211.76+£37k
20202.68+£35k
20191.29—

Derived from filed accounts. Not audited figures.