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Gr8 Bargains Limited

12318591

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT8,, MANCHESTER, M8 8EE
Incorporated 18/11/2019

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 18/02/2026

Due 04/03/2027

On track

Industry

46480
Wholesale of watches and jewellery
46760
Wholesale of other intermediate products
47770
Retail sale of watches and jewellery in specialised stores
47789
Other retail sale of new goods in specialised stores

Officers

Mr Gorbachan Singh Arora

director · Since 01/08/2020

DIRECTOR

AFGHAN · ENGLAND · Age 53

Also on 6 other boards

Persons with Significant Control

Mr Gorbachan Singh Arora

75–100% shares

Afghan · England · Age 53

Unit8,, 29 Lockett Street, Manchester, M8 8EE

Notified 01/08/2020

Former PSCs

Mr Hira Singh

Ceased 01/08/2020

CompanyRankvs 616+ SIC 46480 peers
60

Financial strength60th percentile among SIC peers · 15/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.04× · 12/20
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 strength15/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/11/2025

Net Worth

£4k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£57k

Current Liabilities

£55k

Fixed Assets

£5k

Debtors

£21k

2avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with BTCSoftware AP Solution 2025 12.3.01

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04+£2k
20241.20+£263
20230.90

Derived from filed accounts. Not audited figures.