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The Spires Store Ltd

12171339

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

45 SECOND AVENUE, COVENTRY, CV3 1HP
Incorporated 23/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Jaskamal Kaur Manak

director · Since 01/06/2022

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Mr Gurdip Singh Manak

secretary · Since 14/06/2022

Persons with Significant Control

Mrs Jaskamal Kaur Manak

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

British · United Kingdom · Age 42

113, Maidavale Crescent, Coventry, CV3 6GE

Notified 16/11/2021

Former PSCs

Mr Gurdip Singh Manak

Ceased 14/06/2022

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 08/12/2022Registered 09/12/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2020Registered 01/07/2020

CompanyRankvs 76094+ SIC 41100 peers
19

Financial strength13th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£35

Current Liabilities

£74k

Fixed Assets

£293k

0avg. employees

Balance Sheet

Assets less current liabilities£220k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£6k
20240.01-£9k
20230.01-£14k
20220.00+£9k
20210.21+£19k
20200.22

Derived from filed accounts. Not audited figures.