Back to search

Eurosat Distribution Limited

02247629

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3 PHOENIX PARK, LONDON, NW2 7LN
Incorporated 25/04/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439

Officers

Mr Abbas Arbab-Zadeh

director · Since 26/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 4 other boards

Mr Michael Power Carver

secretary · Since 07/06/1999

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 65

Also on 19 other boards

Mr Michael Power Carver

director · Since 23/01/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 65

Also on 19 other boards

Persons with Significant Control

Neem Holdings Limited

75–100% shares

3, Phoenix Park, London, NW2 7LN

Reg: 4061616 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 03/12/1999Registered 04/12/1999Satisfied 13/04/2021
charge
outstanding

HSBC BANK PLC

Created 22/11/1999Registered 25/11/1999
charge
satisfied

CONFIDENTIAL INVOICE DISCOUNTING LIMITED

Created 04/04/1995Registered 05/04/1995Satisfied 19/01/2000
charge
satisfied

MEESPIERSON N.V.

Created 08/07/1994Registered 20/07/1994Satisfied 26/04/1995
charge
satisfied

MEESPIERSON N.V.

Created 08/07/1994Registered 20/07/1994Satisfied 19/01/2000
charge
satisfied

MIDLAND BANK PLC

Created 02/06/1992Registered 20/06/1992Satisfied 16/08/1994
charge
satisfied

HILL SAMUEL BANK LIMITED

Created 01/10/1990Registered 03/10/1990Satisfied 21/09/1992
charge
satisfied

LLOYDS BANK PLC

Created 13/09/1988Registered 26/09/1988Satisfied 11/10/1991

CompanyRankvs 55+ SIC 46439 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Smith Bros. (Caer Conan) Wholesale Limited
90
2Franklite Limited
90
3Anand International Limited
90
4Crossfold Electrical Wholesalers Limited
90
5Ninehundred Communications Group Limited
90
6Ajs Ltd
90
7Edwardes Bros.(Dulwich)Limited
89
8Refrigeration Norwest(Chester) Limited
89
9Hedley & Ellis Limited
89
10Sparkworld Limited
89
55Eurosat Distribution Limited
85
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.

Employees13/15 pts

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

Liquidity20/20 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 31/03/2024

Net Worth

£654k

Balance sheet strength

Cash

£316k

Cash in the bank

Net Current Assets

£635k

Working capital

Current Assets

£1.0M

Current Liabilities

£379k

Fixed Assets

£21k

Debtors

£389k

9avg. employees

Balance Sheet

Assets less current liabilities£656k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.68+£9k
20232.53-£53k
20222.52-£30k
20212.18-£44k
20202.80-£155k
20193.21—

Derived from filed accounts. Not audited figures.