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Commercial Store Development Ltd

13341710

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

COMMERCIAL STORES, 48, NOTTINGHAM, NG6 8HE
Incorporated 16/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mrs Narinder Sumal

director · Since 16/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Arranveer Singh Sumal

director · Since 10/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mrs Narinder Sumal

25–50% shares
75–100% votes
Appoint directors

British · England · Age 52

Commercial Stores, 48, Commercial Road, Nottingham, NG6 8HE

Notified 16/04/2021

Mr Arranveer Singh Sumal

25–50% shares

British · England · Age 33

Commercial Stores, 48, Commercial Road, Nottingham, NG6 8HE

Notified 24/07/2023

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 20/09/2024Registered 23/09/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 19/04/2024Registered 24/04/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 19/04/2024Registered 24/04/2024

CompanyRankvs 112386+ SIC 68100 peers
27

Financial strength8th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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.

Longevity5/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£36k

Balance sheet strength

Cash

£663

Cash in the bank

Net Current Assets

£159

Working capital

Current Assets

£663

Current Liabilities

£504

Fixed Assets

£140k

0avg. employees

Balance Sheet

Assets less current liabilities£140k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32-£31k
20241.60

Derived from filed accounts. Not audited figures.