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European Postal Systems Limited

02893825

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

77 MILFORD ROAD, READING, RG1 8LG
Incorporated 02/02/1994

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

53100
Postal activities under universal service obligation
77330
Renting and leasing of office machinery and equipment

Officers

Mr Philip David Charnick

director · Since 23/05/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Persons with Significant Control

Twofold Document Solutions Limited

75–100% shares
75–100% votes
Appoint directors

77, Milford Road, Reading, RG1 8LG

Reg: 09090154 · Companies House · Limited Company

Notified 21/03/2024

Former PSCs

Mrs Rachel Sidonia Glover

Ceased 20/09/2016

Mr Kevin Arley Glover

Ceased 20/09/2016

International Mailing Systems Limited

Ceased 21/03/2024

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/03/2021Registered 19/03/2021

CompanyRankvs 511+ SIC 53100 peers
50

Financial strength31th percentile among SIC peers · 8/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.96× · 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 strength8/25 pts

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

Employees2/15 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 30/09/2024

Net Worth

£10

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£376k

Working capital

Current Assets

£471k

Current Liabilities

£95k

Debtors

£401k

0avg. employees

Balance Sheet

Assets less current liabilities£376k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.96
20236.73
20225.21+£127k
20213.74+£131k
20202.55

Derived from filed accounts. Not audited figures.