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Best Merch Limited

14318451

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

PAYNES PARK BARN, HITCHIN, SG5 1EH
Incorporated 25/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Reece James Dennis

director · Since 25/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 25

Persons with Significant Control

Mr Reece James Dennis

25–50% shares
25–50% votes
Appoint directors

British · England · Age 25

Paynes Park Barn, West Alley, Hitchin, SG5 1EH

Notified 25/08/2022

Mr Keith James Dennis

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

Paynes Park Barn, West Alley, Hitchin, SG5 1EH

Notified 25/08/2022

CompanyRankvs 72819+ SIC 47910 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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.

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

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£1k

Current Liabilities

£5k

1avg. employees+1

Balance Sheet

Total assets£1k

EstimatesDerived

YearCurrent Ratio
20240.21
20231.28

Derived from filed accounts. Not audited figures.