# CHEERFUL BARGAINS LTD (07886727)

> CHEERFUL BARGAINS LTD is an active private limited company (company number 07886727) incorporated on 20 December 2011, registered in Gateshead. Its registered activity is retail sale via mail order houses or via internet (SIC 47910). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£118k and cash of £1,707, with 1 employee on average. Net assets fell 90% on the prior period (−£62k).

- Status: Active
- Incorporated: 2011-12-20
- Registered office: Gateshead, NE8 1RB
- SIC 47910: Retail sale via mail order houses or via Internet
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-01-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 808 comparable companies in Newcastle (median £100, upper quartile £7,883).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£118k | £1,707 | £47k | £595k | — | — | 1 |
| 2023-12-31 | −£62k | £2,757 | £6,353 | £785k | — | — | 1 |

current ratio 0.8; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-118,357 at 31 December 2024
- Net assets down 25% or more on the prior period: -89.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.8
- Incorporated five or more years ago: Incorporated 20 December 2011
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Punica Group Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-11-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/07886727
HTML: https://firmoscan.com/company/07886727-cheerful-bargains-ltd