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Cheap Rents Ltd

14045249

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

VENUS FOODS, MANCHESTER, M11 1AF
Incorporated 13/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Volkan Esengul

director · Since 13/04/2022

GENERAL MANAGER

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Volkan Esengul

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

British · England · Age 27

Venus Foods, 1 Ferris Street, Manchester, M11 1AF

Notified 13/04/2022

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 09/01/2024Registered 10/01/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/02/2023Registered 03/03/2023

CompanyRankvs 123742+ SIC 68100 peers
25

Financial strength20th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 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.

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£5k

Current Liabilities

£71k

Fixed Assets

£228k

1avg. employees+1

Balance Sheet

Assets less current liabilities£162k
Signed by Mr Volkan Esengul 13 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£420
20240.03-£3k
20230.01—

Derived from filed accounts. Not audited figures.