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Hitech Bargain Ltd

12753186

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

11 IVYLEA ROAD, MANCHESTER, M19 1WT
Incorporated 19/07/2020

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Faizan Afzaal

director · Since 29/03/2026

PAKISTANI · UNITED KINGDOM · Age 26

Also on 1 other board

Mr Kashif Afzaal

director · Since 29/03/2026

PAKISTANI · UNITED KINGDOM · Age 27

Also on 1 other board

Persons with Significant Control

Mr Faizan Afzaal

75–100% shares
75–100% votes
Appoint directors

Pakistani · United Kingdom · Age 26

11, Ivylea Road, Manchester, M19 1WT

Notified 29/03/2026

Mr Kashif Afzaal

75–100% shares
75–100% votes
Appoint directors

Pakistani · United Kingdom · Age 27

11, Ivylea Road, Manchester, M19 1WT

Notified 29/03/2026

Former PSCs

Mr Afzal Aslam

Ceased 29/03/2026

CompanyRankvs 21373+ SIC 47190 peers
27

Financial strength14th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.44× · 2/20
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 strength4/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/07/2025

Net Worth

-£7k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£5k

Current Liabilities

£13k

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr Faizan AFZAAL Mr Kashif AFZAAL 24/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44+£547
20240.07-£759
20230.04

Derived from filed accounts. Not audited figures.