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Castle News Limited

04912879

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

22 C/O OF MATPLUS CHARTERED ACCOUNTANT, WEMBLEY, HA0 3EP
Incorporated 26/09/2003

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 15/10/2025

Due 29/10/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores

Officers

Mrs Smitaben Patel

secretary · Since 05/07/2021

Also on 1 other board

Mr Hardikbhai Chandrakantbhai Patel

director · Since 05/07/2021

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 40

Mr Shashi Patel

director · Since 05/07/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 2 other boards

Mrs Smitaben Patel

director · Since 05/07/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Persons with Significant Control

Mr Shashi Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 78

22, C/O Of Matplus Chartered Accountant, Wembley, HA0 3EP

Notified 06/04/2016

Mrs Smitaben Patel

25–50% shares

British · England · Age 66

22, C/O Of Matplus Chartered Accountant, Wembley, HA0 3EP

Notified 05/07/2021

Former PSCs

Mrs Smita Patel

Ceased 05/07/2021

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2006Registered 24/03/2006

CompanyRankvs 16825+ SIC 47110 peers
25

Financial strength11th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16825Castle News Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£14k

Current Liabilities

£36k

Fixed Assets

£18k

Tax at Year End(2018)

Corp tax£8k

Balance Sheet

Assets less current liabilities-£5k
Signed by Mrs Smita Patel 08/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38-£16k
20240.70-£1k
20231.00-£18k
2022—-£20k
20211.26+£3k
20190.88+£11k
20180.51—

Derived from filed accounts. Not audited figures.