Company Overview
Turkish Bazaar Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 09 March 2018, so this is a well established company. Turkish Bazaar Ltd has been in business for 8 years and 1 month. The accounts status is micro entity and the accounts are next due on Saturday 30 November 2024.
Registered Address

20 Orchard Street, Swansea, SA1 5AG
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Companies House Data
Company NameTURKISH BAZAAR LTD
Company Number11245561
Registered Office Address20 Orchard Street
 SA1 5AG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/03/2018
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2024
Accounts Last Made Up Date28/02/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date06/04/2019
Directors & Members
Show Resigned
Mehmet Ongun - Director
(British, 50 years old, born March 1976)
Appointed 10 January 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mehmet Ongun
IMPERIAL DESSERTS LIMITED
Balance Sheet Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Balance Sheet
Fixed Assets 14,155 14,155 16,890
Current Assets 54,871 54,871 128,665
Creditors Due Within One Year 44,172 44,172 98,756
Working Cap 10,699 10,699 29,909
Total Assets Less Current Liabilities 24,854 24,854 46,799
Long-term Liabilities 0 0 0
Net Assets 24,854 24,854 46,799
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 24,854 24,854 46,799
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Tangible Fixed Assets - - -
Fixed Assets 20.5% 20.5% 11.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 79.5% 79.5% 88.4%
Creditors Due Within One Year 64.0% 64.0% 67.8%
Net Current Assets Liabilities 15.5% 15.5% 20.5%
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 36.0% 36.0% 32.2%
Capital Employed - - -
Total Assets Less Current Liabilities 36.0% 36.0% 32.2%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Liquidity Ratio 1.2 1.2 1.3
Solvency Ratio 1.6 1.6 1.5
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 28-Feb-2023 28-Feb-2022 28-Feb-2021
Assets 69,026 69,026 145,555
Debt 44,172 44,172 98,756
Net Assets/Debt 24,854 24,854 46,799

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.

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 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.

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.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 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.   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.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 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.

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 SA1 5AG
No other companies found in the same location
Document Filings
Change of details for Mr Mehmet Fatih Ongun as a person with significant control on 13 March 2025
Change of details for Mr Mehmet Fatih Ongun as a person with significant control on 13 March 2025
Registered office address changed from 20 High Street Swansea SA1 1LF Wales to 20 Orchard Street Swansea SA1 5AG on 13 March 2025
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 1 May 2024 with no updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 1 May 2023 with no updates
Confirmation statement made on 1 May 2022 with updates
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 1 May 2021 with no updates
Current accounting period shortened from 31 March 2020 to 28 February 2020
Confirmation statement made on 1 May 2020 with no updates
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