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Eurospan Limited

00816437

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

5TH FLOOR GROVE HOUSE 248A, LONDON, NW1 6BB
Incorporated 20/08/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products

Officers

Vp Secretarial Limited

secretary · Since 18/10/2021

BRITISH

Also on 48 other boards

Mr Edward Curtis Matthews Iii

director · Since 18/10/2021

DIRECTOR

AMERICAN · UNITED STATES · Age 49

Also on 8 other boards

Persons with Significant Control

United Independent Distributors Ltd

75–100% shares
75–100% votes
Appoint directors

160, Eastern Avenue, Abingdon, OX14 4SB

Notified 04/05/2020

Former PSCs

Mr Michael Anthony Geelan

Ceased 04/05/2020

Charges2 outstanding

Charge
outstanding

WHITE OAK NO.6 LIMITED

Created 09/12/2022Registered 20/12/2022
charge
outstanding

HSBC BANK PLC

Created 16/01/2013Registered 26/01/2013
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1981Registered 07/10/1981Satisfied 28/04/2020
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1978Registered 10/10/1978Satisfied 28/04/2020
charge
satisfied

MIDLAND BANK PLC

Created 01/09/1967Registered 12/09/1967Satisfied 26/10/2009

CompanyRankvs 5130+ SIC 46760 peers
58

Financial strength88th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

dependence on parent company support indicates the existence of material uncertainty that may cast doubt about the company's ability to continue as a going concern. Other information The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include

Key FinancialsYear ending 30/12/2022

Turnover

£10.3M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£137k

Cash in the bank

Profit Before Tax

-£116k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£4.6M

Current Liabilities

£3.1M

Fixed Assets

£86k

Debtors

£4.2M

Cost of Sales

£6.6M

Gross Profit

£3.7M

Admin Expenses

£3.9M

Operating Profit

-£68k

Profit After Tax

-£110k

35avg. employees-2

Tax at Year End(2021)

Corp tax£7k
Dividends paid£1.6M

People Costs

Wages & salaries£1.2M
NI contributions£111k

Balance Sheet

Intangible assets£11k
Bank loans & overdrafts£125k
Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.49-£110k
20211.44+£631k
20201.32-£984k
20191.48+£1.9M
20181.47+£0
20171.50

Derived from filed accounts. Not audited figures.