Company Overview
Nofireworks Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 14 December 1990, so this is a well established company. Nofireworks Limited has been in business for 35 years and 3 months. The accounts status is medium and the accounts are next due on Saturday 31 October 2009.
Registered Address

Sharma & Co, 257 Hagley Road, Birmingham, B16 9NA
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Companies House Data
Company NameNOFIREWORKS LIMITED
Company Number02568790
Registered Office AddressSHARMA & CO
 257 Hagley Road
 B16 9NA
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date14/12/1990
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/10/2009
Accounts Last Made Up Date31/12/2007
Accounts Account CategoryMEDIUM
Returns Next Due Date11/01/2010
Returns Last Made Up Date14/12/2008
Previous Company NameChanged Date
COSMIC FIREWORKS LIMITED24 Dec 2009
Directors & Members
Show Resigned
Harpinder Bagha - Director
(British, 66 years old, born April 1960)
Rup Bagha - Director
(British, 67 years old, born April 1959)
Barrington Hill - Director
(British, 82 years old, born February 1944)
Appointed 01 January 2004
 Active
Martin Leece - Director
(British, 64 years old, born June 1962)
Appointed 01 January 2004
 Active
Secretaries
Show Resigned
Other Company Directorships
Harpinder Bagha
ASTRA FIREWORKS LTD
BENWELL FIREWORKS LIMITED
BRACKNELL FIREWORKS LIMITED
BRIGHT STAR FIREWORKS UK LIMITED
COSMIC FIREWORKS LTD
COSMIC FIREWORKS U.K LTD.
DIVINE TIGER LTD
DIVINE TIGER PROPERTIES LTD
FOOD BARGINS LTD
N & J FOODS LTD
NUOVO QUARTZ LIMITED
SOHO SUPPLIES (INTERNATIONAL) LIMITED
STAR FIREWORKS LTD
STAR PYROTECHNICS LTD
Rup Bagha
ASTRA FIREWORKS LTD
BENWELL FIREWORKS LIMITED
BRACKNELL FIREWORKS LIMITED
BRIGHT STAR FIREWORKS UK LIMITED
COSMIC FIREWORKS LTD
COSMIC FIREWORKS U.K LTD.
COTON TRADING LTD
DIVINE TIGER LTD
DIVINE TIGER PROPERTIES LTD
FOOD BARGINS LTD
ILOVE ENTERTAINMENTS LTD
KAMRUP MANAGEMENT LIMITED
N & J FOODS LTD
NUOVO QUARTZ LIMITED
RNG ASSOCIATES LTD
SOHO SUPPLIES (INTERNATIONAL) LIMITED
STAR FIREWORKS LTD
SURGERYWORLD LIMITED
Barrington Hill
No companies found
Martin Leece
PAULSTRA LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2007 31-Dec-2006 31-Dec-2005
Balance Sheet
Fixed Assets 364,900 356,295 311,058
Current Assets 7,942,666 8,001,769 8,397,536
Creditors Due Within One Year 4,750,732 4,847,486 4,374,310
Working Cap 3,191,934 3,154,283 4,023,226
Total Assets Less Current Liabilities 3,556,834 3,510,578 4,334,284
Long-term Liabilities 32,407 35,199 0
Net Assets 3,524,427 3,475,379 4,334,284
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 3,524,327 3,475,279 4,334,184
Other Reserves 0 0 0
Shareholders Funds 3,524,427 3,475,379 4,334,284
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2007 31-Dec-2006 31-Dec-2005
Tangible Fixed Assets - - -
Fixed Assets 4.4% 4.3% 3.6%
Stocks Inventory 37.4% 27.2% 21.2%
Debtors 58.1% 59.6% 74.7%
Cash Bank In Hand 0.1% 9.0% 0.4%
Current Assets 95.6% 95.7% 96.4%
Creditors Due Within One Year 57.2% 58.0% 50.2%
Net Current Assets Liabilities 38.4% 37.7% 46.2%
Creditors Due After One Year 0.4% 0.4% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 42.4% 41.6% 49.8%
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 42.4% 41.6% 49.8%
Shareholder Funds 42.4% 41.6% 49.8%
Capital Employed - - -
Total Assets Less Current Liabilities 42.8% 42.0% 49.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2007 31-Dec-2006 31-Dec-2005
Liquidity Ratio 1.7 1.7 1.9
Solvency Ratio 1.7 1.7 2.0
Reserves to Assets 0.4 0.4 0.5
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2007 31-Dec-2006 31-Dec-2005
Assets 8,307,566 8,358,064 8,708,594
Debt 4,783,139 4,882,685 4,374,310
Net Assets/Debt 3,524,427 3,475,379 4,334,284
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Other Business around B16 9NA
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C/O Sharma & Co 257, Hagley Road, Birmingham, B16 9NA
MERCER SCAFFOLDING LIMITED
257 Hagley Road, Birmingham, West Midlands, B16 9NA
RESTAURANTS DEPOT LIMITED
257 Hagley Road, Birmingham, West Midlands, B16 9NA
EAST & WEST RESTAURANTS SOUTH LIMITED
257 Hagley Road, Birmingham, West Midlands, B16 9NA
EQUITY POINT MANAGEMENT SERVICES LIMITED
SHARMA & CO, 257 HAGLEY ROAD, BIRMINGHAM, B16 9NA
BLITZ RECYCLING & WASTE SERVICES LIMITED
257 Hagley Road, Birmingham, West Midlands, B16 9NA
HAWK PRECISION LOGISTICS LIMITED
Sharma & Co, 257 Hagley Road, Birmingham, West Midlands, B16 9NA
EAST & WEST LEISURE GROUP LIMITED
257 Hagley Road, Birmingham, West Midlands, B16 9NA
DOMAIN WORLD STRATEGY LTD
257 Hagley Road, Birmingham, West Midlands, B16 9NA
HS FASHION LIMITED
257 Hagley Road, Birmingham, B16 9NA
Document Filings
Termination of appointment of Premjit Singh Ratu as a director on 30 March 2009
Notice of move from Administration case to Creditors Voluntary Liquidation
Restoration by order of the court
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 23 May 2012
Liquidators' statement of receipts and payments to 23 November 2011
Liquidators' statement of receipts and payments to 23 May 2011
Liquidators' statement of receipts and payments to 23 November 2010
Certificate of change of name
Change of name notice
Resolutions
Change of name notice
Notice of move from Administration case to Creditors Voluntary Liquidation
Statement of administrator's proposal
Registered office changed on 20/04/2009 from west pyro site fauld industrial estate tutbury burton on trent staffordshire DE13 9HS
Appointment of an administrator
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 2
Declaration of satisfaction in full or in part of a mortgage or charge /schedule of 2 charges
Return made up to 14/12/08; full list of members
Return made up to 14/12/07; full list of members
Return made up to 14/12/06; full list of members
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