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Eurospecial Sewing Machines Limited

04170313

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

22-24 ELY PLACE, LONDON, EC1N 6TE
Incorporated 01/03/2001

Compliance

Last accounts

31/03/2024

small

Accounts

Up to date

Confirmation statement

Last: 29/08/2025

Due

On track

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Pb Secretarial Services Limited

secretary · Since 01/03/2001

BRITISH

Also on 83 other boards

Francesco Porcarelli

director · Since 01/03/2001

TRADER

ITALIAN · ITALY · Age 56

Stuart Alan Brown

director · Since 29/12/2016

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Francesco Porcarelli

25–50% shares

Italian · Italy · Age 57

22-24, Ely Place, London, EC1N 6TE

Notified 01/07/2016

Mr Roberto Porcarelli

25–50% shares

Italian · Italy · Age 62

22-24, Ely Place, London, EC1N 6TE

Notified 01/07/2016

Mr Fabrizio Coicchio

25–50% shares

Italian · Italy · Age 68

22-24, Ely Place, London, EC1N 6TE

Notified 01/07/2016

CompanyRankvs 1179+ SIC 47540 peers
42

Financial strength69th percentile among SIC peers · 17/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1179Eurospecial Sewing Machines Limited
52
How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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

Going Concern Doubt

at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax As a result of the material uncertainty regarding going concern, the directors believe that it is not prudent to account for deferred tax assets nor necessary to account for deferred tax liability within these financial statements. Page 3 continued..

Key FinancialsYear ending 31/03/2024

Net Worth

£30k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£200k

Working capital

Current Assets

£31k

Current Liabilities

£231k

Debtors

£18k

0avg. employees

Balance Sheet

Assets less current liabilities-£200k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£0
20230.54-£1k
20220.02+£0
20210.16+£0
20200.17+£0
20190.16—

Derived from filed accounts. Not audited figures.