CHEERS GROUP LIMITED

Company number SC313258 · Active

CHEERS GROUP LIMITED is a private limited company registered in ROXBURGHSHIRE, United Kingdom, incorporated on 8 Dec 2006. Its registered activity is hotels and similar accommodation. Its latest published accounts for the period ending 31 Mar 2025 show equity of £263k, total assets of £839k. It has filed 5 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Region0.0×TD · 0.00 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % 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
SC313258 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
8 Dec 2006 (20 years)
Registered address
TD5 8JW ROXBURGHSHIRE
Postcode area
Galashiels
Activity
55100 Hotels and similar accommodation
Industry
Accommodation
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£263k£839k £117k£33k40
31 Mar 202415 Nov 2024– –£278k£872k £112k£112k36
31 Mar 202215 Nov 2022– –£194k£888k £140k£134k32
31 Mar 202115 Nov 2021– –£147k£881k £102k£75k26
31 Mar 202015 Dec 2020– –£146k£847k £148k£6,86536

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

Similar companies in Galashiels

Questions about CHEERS GROUP LIMITED

What is the company number of CHEERS GROUP LIMITED?

CHEERS GROUP LIMITED is registered under company number SC313258 in the official register of United Kingdom. View it at the official register.

Is CHEERS GROUP LIMITED still active?

Yes. CHEERS GROUP LIMITED is registered as active (status: Active).

Has CHEERS GROUP LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for CHEERS GROUP LIMITED in the official data.

How likely is CHEERS GROUP LIMITED to become insolvent?

Our model estimates a 0.03 % probability that CHEERS GROUP LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was CHEERS GROUP LIMITED founded?

CHEERS GROUP LIMITED was incorporated on 8 Dec 2006.

Where is CHEERS GROUP LIMITED registered?

CHEERS GROUP LIMITED's registered address is in TD5 8JW ROXBURGHSHIRE (Galashiels), United Kingdom.

What do the latest accounts of CHEERS GROUP LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £263k, total assets of £839k, 40 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.