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Abbey Local Stores Limited

15068943

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8 HIGHBRIDGE STREET, WALTHAM ABBEY, EN9 1DG
Incorporated 14/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Hasan Oztas

director · Since 14/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Hasan Oztas

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

British · United Kingdom · Age 39

8, Highbridge Street, Waltham Abbey, EN9 1DG

Notified 14/08/2023

CompanyRankvs 16140+ SIC 47110 peers
42

Financial strength52th percentile among SIC peers · 13/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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16140Abbey Local Stores Limited
37
How is this score calculated?
Financial strength13/25 pts

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

Employees5/15 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 31/10/2024

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£58k

Current Liabilities

£86k

Fixed Assets

£36k

2avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.67

Derived from filed accounts. Not audited figures.