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Better Bargain (Newcastle) Ltd

13580801

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FLAT 3, 13, CROYDON, CR0 2XZ
Incorporated 23/08/2021

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 09/02/2025

Due 23/02/2026

Overdue

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
47190
Other retail sale in non-specialised stores

Officers

Mr Miroslav Petik

director · Since 22/09/2025

SLOVAK · UNITED KINGDOM · Age 37

Former

Mr Gabor Kovacs

director · Resigned 22/09/2025

Persons with Significant Control

Mr Miroslav Petik

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

Slovak · United Kingdom · Age 37

100, Keel Drive, Slough, SL1 2SU

Notified 22/09/2025

Former PSCs

Mr Nadir Khan Miakhail

Ceased 24/03/2022

Mr Ahmad Khan

Ceased 04/05/2023

Miss Zakira Khan

Ceased 01/08/2023

Mr Arslan Shahid

Ceased 20/10/2023

Mr Sohail Khalid Dar

Ceased 10/11/2023

Mr Arslan Shahid

Ceased 08/01/2024

Mr Roshan Joy

Ceased 05/02/2024

Mr Gabor Kovacs

Ceased 22/09/2025

CompanyRankvs 2519+ SIC 46520 peers
47

Financial strength36th percentile among SIC peers · 9/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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2519Better Bargain (Newcastle) Ltd
42
How is this score calculated?
Financial strength9/25 pts

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

Employees12/15 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.

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 31/08/2025

Net Worth

£126

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£56k

Current Liabilities

£73k

Fixed Assets

£18k

4avg. employees

Balance Sheet

Assets less current liabilities£126
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.76
20240.73
20230.75

Derived from filed accounts. Not audited figures.