Must Be Ltd
12386851
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/01/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 30
Also on 5 other boards
secretary · Since 07/04/2022
director · Since 16/08/2022
ENTREPRENEUR
BRITISH · ENGLAND · Age 28
Also on 6 other boards
Persons with Significant Control
Mr Samuel Graeme Gunnell
British · England · Age 30
15, Kilvert Close, Newport, TF10 8LH
Notified 06/01/2020
Mr Louis Anthony Gunnell
British · England · Age 28
15, Kilvert Close, Newport, TF10 8LH
Notified 14/09/2022
Former PSCs
Mr Louis Anthony Gunnell
Ceased 09/02/2022
CompanyRankvs 36941+ SIC 45200 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£34k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£26k
Current Liabilities
£55k
Fixed Assets
£9k
Debtors
£22k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.47 | -£45k |
| 2024 | 11.63 | — |
Derived from filed accounts. Not audited figures.