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Letap Spirits Ltd

11981839

active
Private Limited Company
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

102 LADIES MILE ROAD, BRIGHTON, BN1 8TD
Incorporated 07/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342
46390
Non-specialised wholesale of food, beverages and tobacco
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47810
Retail sale via stalls and markets of food, beverages and tobacco products

Officers

Mr Mikki Patel

director · Since 07/05/2019

ENGINEER

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Mikki Patel

75–100% shares
75–100% votes
Appoint directors

English · England · Age 39

102, Ladies Mile Road, Brighton, BN1 8TD

Notified 07/05/2019

CompanyRankvs 1192+ SIC 46342 peers
61

Financial strength63th percentile among SIC peers · 16/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.79× · 20/20
Longevity7 years trading (max 15) · 7/15
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.

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.

Longevity7/15 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 31/05/2024

Turnover

£2k

Annual revenue

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£512

Fixed Assets

£750

Profit After Tax

-£2k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 1.6.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20244.79-£4k
202314.30+£6k
20221.28+£17k
20211.12

Derived from filed accounts. Not audited figures.