Company Overview
Good For Nothing Ltd. is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 16 May 2013, so this is a well established company. Good For Nothing Ltd. has been in business for 12 years and 10 months. The accounts status is small and the accounts are next due on Thursday 31 December 2026.
Registered Address

The Exchange, 5 Bank Street, Bury, BL9 0DN
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Companies House Data
Company NameGOOD FOR NOTHING LTD.
Company Number08531857
Registered Office AddressThe Exchange
 5 Bank Street
 BL9 0DN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/05/2013
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategorySMALL
Returns Next Due Date13/06/2017
Returns Last Made Up Date16/05/2016
Directors & Members
Show Resigned
Rajan Kumar - Director
(British, 65 years old, born August 1961)
Appointed 24 September 2019
Active
Jack McLeish - Director
(British, 34 years old, born March 1992)
Appointed 16 May 2013
Active
Secretaries
Rajan Kumar - Secretary
Appointed 07 October 2019
Active
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 0 0 16,338
Current Assets 623,235 623,235 1,439,284
Creditors Due Within One Year 1,848,206 1,848,206 2,344,420
Working Cap -1,224,971 -1,224,971 -905,136
Total Assets Less Current Liabilities -1,224,971 -1,224,971 -888,798
Long-term Liabilities 4,811 4,811 4,811
Net Assets -1,229,782 -1,229,782 -893,609
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -1,229,782 -1,229,782 -893,609
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 1.1%
Stocks Inventory - - -
Debtors 42.4% 42.4% 32.6%
Cash Bank In Hand 6.9% 6.9% 2.4%
Current Assets 100.0% 100.0% 98.9%
Creditors Due Within One Year 296.6% 296.6% 161.1%
Net Current Assets Liabilities -196.6% -196.6% -62.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -197.3% -197.3% -61.4%
Capital Employed - - -
Total Assets Less Current Liabilities -196.6% -196.6% -61.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.3 0.3 0.6
Solvency Ratio 0.3 0.3 0.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 8
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 623,235 623,235 1,455,622
Debt 1,853,017 1,853,017 2,349,231
Net Assets/Debt -1,229,782 -1,229,782 -893,609

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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
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Document Filings
Termination of appointment of Sanjay Kumar as a director on 15 December 2025
Confirmation statement made on 4 July 2025 with no updates
Confirmation statement made on 4 July 2024 with no updates
Confirmation statement made on 14 July 2023 with updates
Cessation of Whispering Smith Group Plc as a person with significant control on 31 March 2023
Cessation of Jack Mcleish as a person with significant control on 31 March 2023
Notification of Sanjay Kumar as a person with significant control on 31 March 2023
Notification of Rajan Kumar as a person with significant control on 31 March 2023
Satisfaction of charge 085318570004 in full
Satisfaction of charge 085318570007 in full
Satisfaction of charge 085318570008 in full
Confirmation statement made on 14 July 2022 with no updates
Confirmation statement made on 14 July 2021 with no updates
Confirmation statement made on 14 July 2020 with updates
Confirmation statement made on 16 May 2020 with no updates
Current accounting period shortened from 31 July 2020 to 31 March 2020
Resolutions
Appointment of Mr Rajan Kumar as a secretary on 7 October 2019

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