SHIELDS BARGAINS LTD

Company number 12143686 · Active (Active - Proposal to Strike off)

SHIELDS BARGAINS LTD is a private limited company registered in NEWCASTLE UPON TYNE, United Kingdom, incorporated on 7 Aug 2019. Its registered activity is retail sale of other second-hand goods in stores (not incl. antiques). Its latest published accounts for the period ending 31 Aug 2022 show equity of −£11k, total assets of £4,736. It has filed 3 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
12143686 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
7 Aug 2019 (7 years)
Registered address
NE4 6SN NEWCASTLE UPON TYNE
Postcode area
Newcastle upon Tyne
Activity
47799 Retail sale of other second-hand goods in stores (not incl. antiques)
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202215 May 2023– –−£11k£4,736 £16k£3531
31 Aug 202115 May 2022– –−£8,597£8,852 £17k£3,6891
31 Aug 202015 May 2021– –−£8,508£9,643 £18k£4,1111

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about SHIELDS BARGAINS LTD

What is the company number of SHIELDS BARGAINS LTD?

SHIELDS BARGAINS LTD is registered under company number 12143686 in the official register of United Kingdom. View it at the official register.

Is SHIELDS BARGAINS LTD still active?

Yes. SHIELDS BARGAINS LTD is registered as active (status: Active - Proposal to Strike off).

Has SHIELDS BARGAINS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SHIELDS BARGAINS LTD in the official data.

How likely is SHIELDS BARGAINS LTD to become insolvent?

Our model estimates a 0.00 % probability that SHIELDS BARGAINS LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was SHIELDS BARGAINS LTD founded?

SHIELDS BARGAINS LTD was incorporated on 7 Aug 2019.

Where is SHIELDS BARGAINS LTD registered?

SHIELDS BARGAINS LTD's registered address is in NE4 6SN NEWCASTLE UPON TYNE (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of SHIELDS BARGAINS LTD show?

The latest published accounts (period ending 31 Aug 2022) show equity of −£11k, total assets of £4,736, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.