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Ease Distribution Ltd

03020051

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 1 GREENACRES, FOLKESTONE, CT20 3JH
Incorporated 09/02/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Graeme Ross Fuller

director · Since 01/03/1995

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 1 other board

Mr David John Finch

secretary · Since 19/08/2009

ACCOUNTANT

BRITISH · Age 73

Also on 2 other boards

Persons with Significant Control

Mr Graeme Ross Fuller

75–100% shares

British · England · Age 78

Unit 1 Greenacres, Underhill Road, Folkestone, CT20 3JH

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

UNIVERSAL IMPEX LIMITED

Created 14/03/2014Registered 01/04/2014Satisfied 31/10/2018
Charge
satisfied

POSITIVE CASHFLOW FINANCE LIMITED

Created 20/01/2014Registered 20/01/2014Satisfied 31/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/03/1995Registered 04/04/1995Satisfied 20/12/2013

CompanyRankvs 234+ SIC 47640 peers
83

Financial strength91th percentile among SIC peers · 23/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 8.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£123k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£202k

Current Liabilities

£22k

Fixed Assets

£80k

2avg. employees+1

Balance Sheet

Assets less current liabilities£265k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20248.97+£15k
20233.68+£19k
20223.77+£18k
20213.77+£27k
20202.42+£13k
20193.26+£10k
20181.11

Derived from filed accounts. Not audited figures.