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Better Spirits Ltd

12701006

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

153 AMBLESIDE ROAD, LIGHTWATER, GU18 5UN
Incorporated 29/06/2020

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/07/2025

Due 02/08/2026

On track

Industry

46170
Agents involved in the sale of food, beverages and tobacco
46342
46342
47250
Retail sale of beverages in specialised stores

Officers

Mr Varun Sarna

secretary · Since 29/06/2020

Also on 1 other board

Mr Varun Sarna

director · Since 29/06/2020

ENTREPENEUR

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

CompanyRankvs 1971+ SIC 46170 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.63× · 6/20
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 strength2/25 pts

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

Employees10/15 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.

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 30/06/2024

Net Worth

-£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£67k

Current Liabilities

£107k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£40k
Signed by Mr Varun Sarna 15/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£56k
20230.03-£24k
20220.07-£20k
20211.40

Derived from filed accounts. Not audited figures.