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Local Discount Store Ltd

15422665

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O K.P.S.G ACCOUNTANTS, HAYES, UB3 3EH
Incorporated 18/01/2024

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 Amrik Singh

director · Since 18/01/2024

DIRECTOR

INDIAN · ENGLAND · Age 45

Persons with Significant Control

Mr Amrik Singh

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

Indian · England · Age 45

C/O K.P.S.G Accountants, 193 Coldharbour Lane, Hayes, UB3 3EH

Notified 18/01/2024

CompanyRankvs 20909+ SIC 47110 peers
29

Financial strength18th percentile among SIC peers · 5/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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20909Local Discount Store Ltd
25
How is this score calculated?
Financial strength5/25 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.

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.

Longevity2/15 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 31/01/2025

Net Worth

£1

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£25k

Current Liabilities

£29k

Fixed Assets

£3k

Debtors

£5k

0avg. employees

Balance Sheet

Assets less current liabilities-£114
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.89

Derived from filed accounts. Not audited figures.