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Wallsend Discount Centre Ltd

13821695

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

248 HIGH STREET EAST, WALLSEND, NE28 7RX
Incorporated 30/12/2021

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Gurpreet Singh

director · Since 30/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Gurpreet Singh

25–50% shares
25–50% votes

British · United Kingdom · Age 42

248, High Street East, Wallsend, NE28 7RX

Notified 30/12/2021

Mr Aaron Singh

25–50% shares
25–50% votes

British · United Kingdom · Age 23

248, High Street East, Wallsend, NE28 7RX

Notified 30/12/2021

Mrs Kiranjit Kaur

25–50% shares
25–50% votes

British · United Kingdom · Age 41

248, High Street East, Wallsend, NE28 7RX

Notified 30/12/2021

CompanyRankvs 14728+ SIC 47110 peers
46

Financial strength37th percentile among SIC peers · 9/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.51× · 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.

Employees11/15 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 31/12/2025

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£59k

Current Liabilities

£116k

Fixed Assets

£67k

5avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51-£4k
20240.53—
20230.49—

Derived from filed accounts. Not audited figures.