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Trashy Bags Africa Limited

13457158

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE PUMP HOUSE, WINCHESTER, SO23 9QG
Incorporated 15/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Philip James Foster

director · Since 31/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Duncan Thomas Wollaston

director · Since 27/11/2023

FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Ewf Holdings Ltd

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

The Pump House, Garnier Road, Winchester, SO23 9QG

Reg: 10580625 · Register Of Companies · Limited Company

Notified 31/03/2022

Former PSCs

Aqua Africa Services Limited

Ceased 31/03/2022

CompanyRankvs 775+ SIC 13990 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 9.95× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 15/12/2024

Net Worth

-£295k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£17k

Current Liabilities

£2k

Fixed Assets

£6k

Balance Sheet

Assets less current liabilities£22k
Signed by Mr Duncan Wollaston 15/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20249.95-£69k
20237.75

Derived from filed accounts. Not audited figures.