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Pricecutter Local Ltd

13077011

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

5 WHITCHURCH LANE, EDGWARE, HA8 6LD
Incorporated 11/12/2020

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

Mr Dalair Singh Sethi

director · Since 11/12/2020

BUSINESS PERSON

BRITISH · ENGLAND · Age 61

Also on 14 other boards

Persons with Significant Control

Mr Paul Singh Sethi

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 38

5, Whitchurch Lane, Edgware, HA8 6LD

Notified 01/01/2022

Former PSCs

Mr Paul Singh Sethi

Ceased 01/01/2022

CompanyRankvs 13580+ SIC 47110 peers
49

Financial strength60th percentile among SIC peers · 15/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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13580Pricecutter Local Ltd
44
How is this score calculated?
Financial strength15/25 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.

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 31/12/2024

Net Worth

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£73k

Current Liabilities

£135k

Fixed Assets

£80k

3avg. employees-4

Balance Sheet

Assets less current liabilities£18k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54-£5k
20230.59-£5k
20220.49+£0
20210.33—

Derived from filed accounts. Not audited figures.