−£35k
vs Aug 2024Active13573029Private limited companyLondon
CHEERS LOCAL LIMITED
Significant control: Mukund Devshi Patel (significant control)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Cheers Local Limited sell?
Registered activity: Retail sale of hardware, paints and glass in specialised stores (SIC 47520). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
CHEERS LOCAL LIMITED is an active private limited company (company number 13573029) incorporated on 18 August 2021, registered in London. Its registered activity is retail sale of hardware, paints and glass in specialised stores (SIC 47520). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£35k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 17% on the prior period (−£30k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 205 comparable companies in London (median £23k, upper quartile £146k).
02
Ownership and control
- Mr Mukund Devshi Patel
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 18 August 20215 yrs ago
- Next accounts due
- 31 May 2027in 216 days
- Confirmation statement due
- 1 September 2027in 309 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 47520
- Retail sale of hardware, paints and glass in specialised stores
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | −£35k | — | — | £111k | — | — | 1 |
| 31 August 2024 | −£30k | — | — | £112k | — | — | 1 |
| 31 August 2023 | −£24k | — | — | £97k | — | — | 1 |
Current ratio0.69Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-34,700 at 31 August 2025
- Current assets below creditors within one yearCurrent ratio 0.69
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 18 August 2021
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 309 days
- Next accounts duein 216 days
- Accounts period endNet liabilities £35k · micro accounts
- Accounts period endNet liabilities £30k · micro accounts
- Accounts period endNet liabilities £24k · micro accounts
- Incorporated
08
Similar companies in London
- VILLA BOLOGNA POTTERY UK LIMITEDLondon · inc. Jun 2021
- LONDON GLASS FITTINGS LTDLondon · inc. Nov 2021
- GHANSHYAM DIY STORE LTDLondon · inc. May 2021
- QP HARDWARE LTDLondon · inc. Nov 2021
- HUNKYDORY PAINT LTDLondon · inc. Dec 2021
- BELSIZE HARDWARE LIMITEDLondon · inc. Mar 2021
All companies incorporated on 18 August 2021 · in Aug 2021.
09
Reminders for CHEERS LOCAL LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.