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Titan Entertainment Group Limited

02829144

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

144 SOUTHWARK STREET, SE1 0UP
Incorporated 22/06/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Dr Vivian Wei Ming Cheung

secretary · Since 13/07/1993

MANAGER

BRITISH · UNITED KINGDOM · Age 69

Also on 23 other boards

Mr Nicholas Alexander Landau

director · Since 13/07/1993

BOOKSELLER

BRITISH · UNITED KINGDOM · Age 72

Also on 13 other boards

Dr Vivian Wei Ming Cheung

director · Since 13/01/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 23 other boards

Persons with Significant Control

Dr Vivian Cheung

25–50% shares

Singaporean · England · Age 69

144 Southwark Street, SE1 0UP

Notified 06/04/2016

Mr Nicholas Alexander Landau

25–50% shares

British · England · Age 72

144 Southwark Street, SE1 0UP

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/11/2020Registered 17/11/2020
Charge
outstanding

NICHOLAS ALEXANDER LANDAU

Created 19/10/2020Registered 03/11/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/01/2014Registered 18/01/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/04/2010Registered 14/04/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/03/2010Registered 10/03/2010
charge
satisfied

BARCLAYS BANK PLC

Created 27/08/1997Registered 12/09/1997Satisfied 12/05/2010
charge
satisfied

BARCLAYS BANK PLC

Created 15/12/1993Registered 22/12/1993Satisfied 12/05/2010

CompanyRankvs 3428+ SIC 70100 peers
52

Financial strength97th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.99× · 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 strength24/25 pts

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

Employees12/15 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£17.7M

Balance sheet strength

Cash

£7.7M

Cash in the bank

Profit Before Tax

£996k

Bottom line earnings

Net Current Assets

-£32k

Working capital

Current Assets

£5.8M

Current Liabilities

£5.8M

Fixed Assets

£11.9M

Debtors

£7.8M

Cost of Sales

£29.1M

Admin Expenses

£15.9M

Profit After Tax

£686k

3avg. employees-61

Tax at Year End

Corp tax£346k

People Costs

Wages & salaries£9.5M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£2.6M
Assets less current liabilities£11.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£10.3M
20231.07+£37k
20221.11-£6k
20211.18-£397k
20201.21+£1.2M
20190.77

Derived from filed accounts. Not audited figures.