Company Overview
Major Stores Ltd is a Dissolved Private Limited Company.
Registered Address

7 Bankside The Watermark, Gateshead, NE11 9SY
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Companies House Data
Company NameMAJOR STORES LTD
Company Number07266979
Registered Office Address7 Bankside The Watermark
 NE11 9SY
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date27/05/2010
Accounting Reference Date Day30
Accounting Reference Date Month5
Accounts Next Due Date31/05/2019
Accounts Last Made Up Date31/05/2017
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date24/06/2017
Returns Last Made Up Date27/05/2016
Directors & Members
Major Singh - Director
(British, 73 years old, born October 1953)
Appointed 27 May 2010
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Major Singh
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Balance Sheet
Fixed Assets 94,414 94,414 109,609
Current Assets 42,505 42,505 56,632
Creditors Due Within One Year 134,129 134,129 164,079
Working Cap -91,624 -91,624 -107,447
Total Assets Less Current Liabilities 2,790 2,790 2,162
Long-term Liabilities 0 0 0
Net Assets 2,790 2,790 2,162
Share Capital & Reserves
Share Cap 10 10 10
Profit & Loss Reserves 2,780 2,780 2,152
Other Reserves 0 0 0
Shareholders Funds 2,790 2,790 2,162
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Tangible Fixed Assets 6.9% 6.9% 4.6%
Fixed Assets 69.0% 69.0% 65.9%
Stocks Inventory 18.7% 18.7% 29.4%
Debtors 0.3% 0.3% 0.2%
Cash Bank In Hand 12.0% 12.0% 4.5%
Current Assets 31.0% 31.0% 34.1%
Creditors Due Within One Year 98.0% 98.0% 98.7%
Net Current Assets Liabilities -66.9% -66.9% -64.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 2.0% 2.0% 1.3%
Shareholder Funds 2.0% 2.0% 1.3%
Capital Employed - - -
Total Assets Less Current Liabilities 2.0% 2.0% 1.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Liquidity Ratio 0.3 0.3 0.3
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Assets 136,919 136,919 166,241
Debt 134,129 134,129 164,079
Net Assets/Debt 2,790 2,790 2,162
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Previous accounting period shortened from 31 May 2018 to 30 May 2018
Notification of Sunbir Ghag as a person with significant control on 1 July 2016
Registered office address changed from 121 Greenlee Garth Newton Aycliffe Co. Durham DL5 7EX to 7 Bankside the Watermark Gateshead NE11 9SY on 22 May 2018
Confirmation statement made on 22 May 2018 with no updates
Confirmation statement made on 27 May 2017 with updates
Administrative restoration application
Final Gazette dissolved via compulsory strike-off
First Gazette notice for compulsory strike-off
Annual return made up to 27 May 2016 with full list of shareholders
Annual return made up to 27 May 2015 with full list of shareholders
Annual return made up to 27 May 2014 with full list of shareholders
Annual return made up to 27 May 2013 with full list of shareholders
Annual return made up to 27 May 2012 with full list of shareholders
Annual return made up to 27 May 2011 with full list of shareholders
Incorporation
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