Foundry Bargain Store Ltd
12791774
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 08/03/2025
Due 22/03/2026
Industry
Officers
director · Since 01/02/2021
MANAGER
INDIAN · UNITED KINGDOM · Age 40
Also on 2 other boards
secretary · Since 05/03/2023
Persons with Significant Control
Mr Harpreet Singh Ahluwalia
Indian · United Kingdom · Age 40
6th Floor, Amp House, Dingwall Road, Croydon, CR0 2LX
Notified 10/02/2021
Former PSCs
Mr Aman Kumar Sharma
Ceased 10/02/2021
CompanyRankvs 17799+ SIC 47110 peers38
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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 31/08/2024
Net Worth
-£21k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£92k
Working capital
Current Assets
£201k
Current Liabilities
£292k
Fixed Assets
£84k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.69 | -£35k |
| 2023 | 0.75 | — |
| 2022 | 0.64 | — |
| 2021 | 0.86 | — |
Derived from filed accounts. Not audited figures.