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A.F.M. Europe Limited

01389776

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

246 PARK VIEW, TYNE AND WEAR, NE26 3QX
Incorporated 19/09/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools

Officers

Neil Storey

director · Since 01/01/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 5 other boards

Susan Storey

secretary · Since 31/07/1996

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Susan Storey

director · Since 03/06/2004

PERSONAL ASSISTANT

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Persons with Significant Control

Neil Storey

25–50% shares
25–50% votes

British · England · Age 72

246 Park View, Tyne And Wear, NE26 3QX

Notified 06/04/2016

Susan Storey

25–50% shares
25–50% votes

British · England · Age 66

246 Park View, Tyne And Wear, NE26 3QX

Notified 06/04/2016

Former PSCs

Ashley Emma Dias

Ceased 02/10/2023

Charges1 outstanding

charge
outstanding

TSB ENGLAND AND WALES PLC

Created 04/04/1989Registered 11/04/1989
charge
satisfied

BARCLAYS BANK PLC

Created 02/05/1980Registered 12/05/1980Satisfied 08/03/2000

CompanyRankvs 168+ SIC 46620 peers
63

Financial strength71th percentile among SIC peers · 18/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£107k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£121k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.3M

Fixed Assets

£54k

Debtors

£675k

Profit After Tax

£117k

8avg. employees

Tax at Year End

Corp tax£86k
Dividends paid£112k

Balance Sheet

Assets less current liabilities£175k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09+£6k
20241.15+£5k
20231.13+£4k
20221.09+£4k
20211.15

Derived from filed accounts. Not audited figures.