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Bestcost Limited

12446562

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

205/213 CORPORATION STREET, BIRMINGHAM, B4 6SE
Incorporated 06/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Manpreet Singh Samra

director · Since 06/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mr Jasvir Singh

director · Since 17/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Persons with Significant Control

Mr Manpreet Singh Samra

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

85 Bull Street, Birmingham, B4 6AB

Notified 06/02/2020

Mr Jasvir Singh

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

205/213, Corporation Street, Birmingham, B4 6SE

Notified 17/11/2022

CompanyRankvs 1782+ SIC 47110 peers
76

Financial strength86th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.72× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/08/2024

Net Worth

£75k

Balance sheet strength

Cash

£207k

Cash in the bank

Net Current Assets

£250k

Working capital

Current Assets

£288k

Current Liabilities

£37k

Fixed Assets

£160k

8avg. employees+8

Balance Sheet

Assets less current liabilities£410k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20247.72

Derived from filed accounts. Not audited figures.