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Essential Bulk Goods Ltd

15373463

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)
  • Going concern doubt noted in accounts (-10)

Details

4 MOSS ROW, BURY, BL9 0SH
Incorporated 28/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Andrew Grant Hutchinson

director · Since 15/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Andrew Grant Hutchinson

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

British · England · Age 46

4, Moss Row, Bury, BL9 0SH

Notified 15/11/2024

Former PSCs

Mr. Imran Mohamed Kassim

Ceased 15/11/2024

CompanyRankvs 12493+ SIC 46900 peers
41

Financial strength57th percentile among SIC peers · 14/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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12493Essential Bulk Goods Ltd
46
How is this score calculated?
Financial strength14/25 pts

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

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

£6k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£90k

Current Liabilities

£160k

Fixed Assets

£77k

Debtors

£27k

6avg. employees

Balance Sheet

Assets less current liabilities£6k
Signed by Mr A Hutchinson,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.56

Derived from filed accounts. Not audited figures.