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Designer Carpet Outlet Ltd

12001134

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

14 SOUTHBROOK TERRACE, BRADFORD, BD7 1AD
Incorporated 17/05/2019

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 Sohaib Akib Butt

director · Since 17/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Sohaib Akib Butt

75–100% shares
75–100% votes

British · United Kingdom · Age 39

101, Oak Lane, Bradford, BD9 4QU

Notified 17/05/2019

CompanyRankvs 3403+ SIC 47530 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength0/25 pts

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

Employees9/15 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.

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 31/10/2023

Net Worth

Balance sheet strength

Cash

£102

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£176

Current Liabilities

£2k

Debtors

£74

3avg. employees+3

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.07
20220.83+£0
20210.83-£71k
20203.00

Derived from filed accounts. Not audited figures.