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The Old Sweet Shop Herne Bay Ltd

14302077

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

10 LONGTAIL RISE, HERNE BAY, CT6 5PZ
Incorporated 17/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Peter Michael Andrews

director · Since 17/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Persons with Significant Control

Mr Peter Michael Andrews

75–100% shares

British · England · Age 68

10, Longtail Rise, Herne Bay, CT6 5PZ

Notified 17/08/2022

Former PSCs

Mr Barry Scott Millen

Ceased 17/08/2022

CompanyRankvs 16787+ SIC 47190 peers
38

Financial strength14th percentile among SIC peers · 4/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

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.

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

-£7k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£22k

Current Liabilities

£36k

Fixed Assets

£7k

Debtors

£696

2avg. employees

Tax at Year End

Corp tax£6k
VAT£950

Director Loans

Company owes directors£24k

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr Peter Andrews 10/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.61-£24k£19k
20241.55+£11k£19k
20230.81

Derived from filed accounts. Not audited figures.