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Souq Bargains Ltd

15008350

active
Private Limited Company
england wales
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

11 BEAUCHAMP STREET, CARDIFF, CF11 6AW
Incorporated 17/07/2023

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet
85590
Other education

Officers

Mr Ridhwan Rahman

director · Since 17/07/2023

DIRECTOR

BRITISH · WALES · Age 32

Persons with Significant Control

Mr Ridhwan Rahman

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

British · Wales · Age 32

11, Beauchamp Street, Cardiff, CF11 6AW

Notified 17/07/2023

CompanyRankvs 65733+ SIC 47910 peers
38

Financial strength25th percentile among SIC peers · 6/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 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.

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.

Longevity3/15 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 31/07/2025

Net Worth

-£93

Balance sheet strength

Cash

£892

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£24k

Current Liabilities

£25k

Fixed Assets

£1k

Debtors

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£93
Signed by Mr Ridhwan Rahman 15/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.94
20240.99

Derived from filed accounts. Not audited figures.