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Blacksmith Cycles Ltd

13629473

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

251 HOLLOWAY ROAD, LONDON, N7 8HG
Incorporated 17/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Naeem Yaseen

director · Since 17/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Naeem Yaseen

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

British · England · Age 37

251, Holloway Road, London, N7 8HG

Notified 17/09/2021

CompanyRankvs 4197+ SIC 47640 peers
43

Financial strength20th percentile among SIC peers · 5/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.66× · 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 strength5/25 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 30/09/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£18k

Current Liabilities

£28k

Fixed Assets

£9k

3avg. employees+2

Balance Sheet

Assets less current liabilities-£970
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£528
20230.41+£1k
20220.35

Derived from filed accounts. Not audited figures.