Company Overview
Value Heaven Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 09 May 2014, so this is a well established company. Value Heaven Limited has been in business for 11 years and 10 months. The accounts status is total exemption full and the accounts are next due on Friday 28 February 2025.
Registered Address

41 Greek Street, Stockport, SK3 8AX
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Companies House Data
Company NameVALUE HEAVEN LIMITED
Company Number09031582
Registered Office Address41 Greek Street
 SK3 8AX
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date09/05/2014
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2025
Accounts Last Made Up Date31/05/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date06/06/2017
Returns Last Made Up Date09/05/2016
Directors & Members
Mark Cronin - Director
(British, 49 years old, born November 1977)
Appointed 09 May 2014
Active
Gareth Halpin - Director
(British, 48 years old, born February 1978)
Appointed 09 May 2014
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mark Cronin
No companies found
Gareth Halpin
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2023 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 4,951 4,344 21,948
Current Assets 145,710 89,053 189,858
Creditors Due Within One Year 116,327 42,652 110,122
Working Cap 29,383 46,401 79,736
Total Assets Less Current Liabilities 34,334 50,745 101,684
Long-term Liabilities 30,129 30,000 40,000
Net Assets 4,205 20,745 61,684
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 4,205 20,745 61,684
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 3.3% 4.7% 10.4%
Stocks Inventory - - -
Debtors 5.6% 13.4% 6.5%
Cash Bank In Hand 2.4% 5.0% 49.8%
Current Assets 96.7% 95.3% 89.6%
Creditors Due Within One Year 77.2% 45.7% 52.0%
Net Current Assets Liabilities 19.5% 49.7% 37.6%
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 2.8% 22.2% 29.1%
Capital Employed - - -
Total Assets Less Current Liabilities 22.8% 54.3% 48.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2022 31-May-2021
Liquidity Ratio 1.3 2.1 1.7
Solvency Ratio 1.0 1.3 1.4
Reserves to Assets - - -
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-2023 31-May-2022 31-May-2021
Assets 150,661 93,397 211,806
Debt 146,456 72,652 150,122
Net Assets/Debt 4,205 20,745 61,684
The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 21 February 2025
Notice to Registrar of Companies of Notice of disclaimer
Statement of affairs
Registered office address changed from 5 Colville Court Warrington Cheshire WA2 8QT England to 41 Greek Street Stockport SK3 8AX on 1 March 2024
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 9 May 2023 with updates
Confirmation statement made on 9 May 2022 with updates
Confirmation statement made on 9 May 2021 with no updates
Confirmation statement made on 9 May 2020 with no updates
Confirmation statement made on 9 May 2019 with no updates
Director's details changed for Mr Gareth Ian Halpin on 1 May 2019
Change of details for Mr Gareth Ian Halpin as a person with significant control on 1 May 2019
Change of details for Mr Mark Philip Cronin as a person with significant control on 29 May 2018
Director's details changed for Mr Mark Philip Cronin on 29 May 2018
Confirmation statement made on 9 May 2018 with no updates

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