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Japan Centre Group Limited

01240558

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

UNIT B, PREMIER PARK, LONDON, NW10 7NZ
Incorporated 15/01/1976

Compliance

Last accounts

31/12/2024

full

Next accounts due

24/09/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Masanori Morishita

director · Since 30/05/2024

DIRECTOR

JAPANESE · JAPAN · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Shusaku Higaki

25–50% shares
25–50% votes

Japanese · Japan · Age 50

Unit B, Premier Park, Premier Park Road, London, NW10 7NZ

Notified 11/02/2019

Kozosushi Uk Limited

50–75% shares
50–75% votes
Appoint directors

458, Heather Park Drive, Wembley, HA0 1SS

Reg: 15697645 · Companies House · Corporate

Notified 24/06/2024

Former PSCs

Mr Kunizou Tokumine

Ceased 05/12/2018

Alindene Limited

Ceased 06/12/2018

Kunizou Tokumine

Ceased 01/01/2019

Alindene Limited

Ceased 30/05/2024

Kozosushi Co., Ltd

Ceased 24/06/2024

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 09/12/2020Registered 10/12/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 06/01/2020Registered 13/01/2020
charge
satisfied

SWADHA LIMITED

Created 28/01/2013Registered 06/02/2013Satisfied 01/10/2013
charge
outstanding

BARCLAYS BANK PLC

Created 18/10/2010Registered 22/10/2010
charge
outstanding

BRIXTON (VICTORIA INDUSTRIAL ESTATE) 1 LIMITED

Created 12/05/2010Registered 29/05/2010
charge
outstanding

BARCLAYS BANK PLC

Created 08/12/2005Registered 21/12/2005
charge
satisfied

MIDLAND BANK PLC

Created 25/01/1995Registered 28/01/1995Satisfied 12/09/2006
charge
satisfied

LLOYDS BANK PLC

Created 18/09/1992Registered 22/09/1992Satisfied 19/09/2003
charge
satisfied

TSB BANK PLC

Created 18/04/1990Registered 09/05/1990Satisfied 19/09/2003
charge
satisfied

TSB ENGLAND AND WALES PLC.

Created 03/07/1986Registered 23/07/1986Satisfied 16/02/1995
charge
satisfied

LLOYDS BANK LTD

Created 01/12/1981Registered 03/12/1981Satisfied 19/09/2003

CompanyRankvs 929+ SIC 47620 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength1/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to Note 2.4 in the financial statements, which discloses that the Company’s ability to continue as a going concern is dependent on the successful surrender of its premi

Key FinancialsYear ending 31/12/2024

Turnover

£18.1M

Annual revenue

Net Worth

-£91k

Balance sheet strength

Cash

£356k

Cash in the bank

Profit Before Tax

-£1.9M

Bottom line earnings

Net Current Assets

-£1.3M

Working capital

Current Assets

£5.4M

Current Liabilities

£6.7M

Fixed Assets

£3.1M

Debtors

£205k

Cost of Sales

£14.6M

Gross Profit

£3.5M

Admin Expenses

£6.5M

Operating Profit

-£1.8M

Profit After Tax

-£1.9M

168avg. employees

Tax at Year End(2019)

Corp tax£0

People Costs

Wages & salaries£4.6M
NI contributions£442k

Balance Sheet

Intangible assets£71k
Bank loans & overdrafts£349k
Assets less current liabilities£1.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£1.6M
20230.80-£366k
2022-£801k
2021-£4.2M
20201.10-£22k
20191.04

Derived from filed accounts. Not audited figures.