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U Local Limited

12447733

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

21 FFORDD COED MAWR, BANGOR, LL57 4TB
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

Mrs Reeny Prince

director · Since 26/09/2023

BUSINESS PERSON

INDIAN · WALES · Age 55

Also on 1 other board

Persons with Significant Control

Mrs Reeny Prince

75–100% shares

Indian · Wales · Age 55

21, Ffordd Coed Mawr, Bangor, LL57 4TB

Notified 27/09/2023

Former PSCs

Mr Harvinder Singh

Ceased 28/02/2021

Mr Prince John

Ceased 01/03/2021

Mr John Prince

Ceased 26/09/2023

Mrs Reeny Prince

Ceased 26/09/2023

CompanyRankvs 10391+ SIC 47110 peers
51

Financial strength13th percentile among SIC peers · 3/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 9.19× · 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 strength3/25 pts

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

Employees7/15 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 28/02/2025

Net Worth

-£6k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£53k

Current Liabilities

£6k

Fixed Assets

£9k

3avg. employees

Balance Sheet

Assets less current liabilities£57k
Signed by 
 
 Approved by the board on 23 January 2023

EstimatesDerived

YearCurrent RatioImplied Profit
20259.19
20243.22
20232.72+£9k
20222.57

Derived from filed accounts. Not audited figures.