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Better Days Restoration Limited

12356097

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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

12 CRAIG Y LLETY, LLANELLI, SA14 6BZ
Incorporated 09/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture
47910
Retail sale via mail order houses or via Internet

Officers

Mr Paul Julian Balbini

director · Since 09/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Paul Julian Balbini

75–100% shares

British · United Kingdom · Age 62

12, Craig Y Llety, Llanelli, SA14 6BZ

Notified 09/12/2019

CompanyRankvs 4504+ SIC 31090 peers
36

Financial strength22th percentile among SIC peers · 6/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.56× · 6/20
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 strength6/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

-£63

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£20k

Current Liabilities

£36k

Fixed Assets

£16k

0avg. employees-1

Balance Sheet

Assets less current liabilities£2k
Signed by 12356097 2024-01-01 2024-12-31 12356097 2024-12-31 12356097 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56
20230.46
20220.69+£7k
20211.03

Derived from filed accounts. Not audited figures.