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Welcome Groceries Limited

15163461

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

106-104 GREAT WESTERN STREET, MANCHESTER, M14 4RA
Incorporated 25/09/2023

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 Irfan Rasheed

director · Since 25/09/2023

GENERAL MANAGER

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Persons with Significant Control

Mr Irfan Rasheed

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

British · England · Age 45

106-104, Great Western Street, Manchester, M14 4RA

Notified 25/09/2023

CompanyRankvs 16740+ SIC 47110 peers
37

Financial strength24th percentile among SIC peers · 6/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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16740Welcome Groceries Limited
36
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.

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£789

Working capital

Current Assets

£33k

Current Liabilities

£32k

Debtors

£549

-3avg. employees
Prepared with v2024.55.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20241.02

Derived from filed accounts. Not audited figures.