THE BAG DROP LTD

Company number 15903213 · Active

THE BAG DROP LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 19 Aug 2024. Its registered activity is retail sale of leather goods in specialised stores. Its latest published accounts for the period ending 31 Aug 2025 show equity of −£2,344, total assets of £13k. It has filed 1 set 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 ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 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
15903213 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
19 Aug 2024 (2 years)
Registered address
EC2A 4NE LONDON
Postcode area
London East Central
Activity
47722 Retail sale of leather goods in specialised stores
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202515 May 2026– –−£2,344£13k £15k£2430

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

Similar companies in London East Central

Questions about THE BAG DROP LTD

What is the company number of THE BAG DROP LTD?

THE BAG DROP LTD is registered under company number 15903213 in the official register of United Kingdom. View it at the official register.

Is THE BAG DROP LTD still active?

Yes. THE BAG DROP LTD is registered as active (status: Active).

Has THE BAG DROP LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for THE BAG DROP LTD in the official data.

How likely is THE BAG DROP LTD to become insolvent?

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

When was THE BAG DROP LTD founded?

THE BAG DROP LTD was incorporated on 19 Aug 2024.

Where is THE BAG DROP LTD registered?

THE BAG DROP LTD's registered address is in EC2A 4NE LONDON (London East Central), United Kingdom.

What do the latest accounts of THE BAG DROP LTD show?

The latest published accounts (period ending 31 Aug 2025) show equity of −£2,344, total assets of £13k, 0 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.