Local Vape Shop No 1 Limited
14993538
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/07/2023
MANAGER
BRITISH · UNITED KINGDOM · Age 28
Also on 1 other board
Persons with Significant Control
Mr Farzat Karim Ahmadi
British · United Kingdom · Age 28
36b Windsor Road, Neath, SA11 1LU
Notified 10/07/2023
CompanyRankvs 1395+ SIC 47260 peers35
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2024
Net Worth
-£3k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£11k
Current Liabilities
£17k
Fixed Assets
£3k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.64 |
Derived from filed accounts. Not audited figures.