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Cheers & Beers Ltd

12998489

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

164 BEDFORD ROAD, BEDFORD, MK42 8BH
Incorporated 05/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
53100
Postal activities under universal service obligation

Officers

Mr Bankimkumar Lalitchandra Bhatt

director · Since 05/11/2020

RETAILER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Bankimkumar Lalitchandra Bhatt

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

British · England · Age 47

164, Bedford Road, Bedford, MK42 8BH

Notified 05/11/2020

Former PSCs

Mr Sachinkumar Prakashbhai Patel

Ceased 25/01/2021

Mr Sachinkumar Prakashbhai Patel

Ceased 29/04/2026

CompanyRankvs 4786+ SIC 47110 peers
66

Financial strength80th percentile among SIC peers · 20/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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4786Cheers & Beers Ltd
65
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£53k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£52k

Current Liabilities

£46k

Fixed Assets

£90k

8avg. employees-1

Balance Sheet

Assets less current liabilities£96k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12+£33k
20242.13+£48k
20231.38+£23k
20221.66—

Derived from filed accounts. Not audited figures.