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Level 1 Worthing Limited

13543245

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

15 MARSHALL AVENUE, WORTHING, BN14 0ES
Incorporated 02/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47810
Retail sale via stalls and markets of food, beverages and tobacco products

Officers

Mr Mark Alan Nicholson

director · Since 02/08/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 16 other boards

Mrs Melanie Vanessa Nicholson

director · Since 02/03/2026

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Mark Alan Nicholson

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

British · England · Age 63

15, Marshall Avenue, Worthing, BN14 0ES

Notified 02/08/2021

Mrs Melanie Vanessa Nicholson

50–75% shares

British · England · Age 59

15, Marshall Avenue, Worthing, BN14 0ES

Notified 02/03/2026

Former PSCs

Mr Harry Martin Smith

Ceased 02/03/2026

Ms Megan Elizabeth Gilbert

Ceased 02/03/2026

CompanyRankvs 1109+ SIC 47810 peers
40

Financial strength17th percentile among SIC peers · 4/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.34× · 2/20
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 strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£9k

Current Liabilities

£27k

Fixed Assets

£11k

6avg. employees-1

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.34+£3k
20230.56

Derived from filed accounts. Not audited figures.