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Eurosat Distribution Limited

02247629

active
Private Limited Company
england wales
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

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

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 66

Also on 19 other boards

Mr Michael Power Carver

director · Since 23/01/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

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

CompanyRankvs 53+ 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
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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.

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

Derived from filed accounts. Not audited figures.