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Better Bargain (Newcastle) Ltd

13580801

active
Private Limited Company
england wales
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)
  • 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 Gabor Kovacs

director · Since 05/02/2024

COMPANY DIRECTOR

HUNGARIAN · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Gabor Kovacs

75–100% shares

Hungarian · England · Age 47

Flat 3, 13 Thornhill Road, Croydon, CR0 2XZ

Notified 05/02/2024

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

CompanyRankvs 2576+ SIC 46520 peers
47

Financial strength36th percentile among SIC peers · 9/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.73× · 6/20
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 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 31/08/2024

Net Worth

£179

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£59k

Current Liabilities

£80k

Fixed Assets

£22k

4avg. employees-2

Balance Sheet

Assets less current liabilities£179
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.73
20230.75
202218.54

Derived from filed accounts. Not audited figures.