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Euro Communications Distribution Limited

03734130

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3-5, WEDNESFIELD BUSINESS PARK, WOLVERHAMPTON, WV11 3SF
Incorporated 17/03/1999

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/02/2026

Due 11/03/2027

On track

Industry

61200
Wireless telecommunications activities

Officers

Mr Sarabjit Athwal Ba Hons

director · Since 17/03/1999

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mrs Balbir Athwal

director · Since 01/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Matthew Simon Tranter

director · Since 20/01/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 31

Also on 2 other boards

Miss Lydia Mcgann

director · Since 07/03/2024

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 28

Also on 2 other boards

Persons with Significant Control

Mr Sarabjit Singh Athwal

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 53

Unit 3-5,, Wednesfield Business Park, Wolverhampton, WV11 3SF

Notified 06/04/2016

Mrs Balbir Athwal

25–50% shares
25–50% votes

British · England · Age 51

Unit 3-5,, Wednesfield Business Park, Wolverhampton, WV11 3SF

Notified 25/02/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/05/2017Registered 23/05/2017

CompanyRankvs 20+ SIC 61200 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.8× · 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 strength24/25 pts

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

Employees15/15 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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.6M

Current Liabilities

£580k

Fixed Assets

£344k

Debtors

£867k

48avg. employees+2

Tax at Year End(2022)

Corp tax£4k
VAT£40k

Director Loans

Directors owe company£525k

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Sarabjit Athwal 05/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.80-£204k
20243.80+£123k
20234.10+£5k
20224.95+£11k£794k
20217.51+£21k£1.1M
20205.49+£7k£585k
20197.12

Derived from filed accounts. Not audited figures.