Back to search

Melcombe News Limited

04972323

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O MICHAEL FILIOU LTD SALISBURY HOUSE, POTTERS BAR, EN6 5AS
Incorporated 21/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Amit Babubhai Patel

director · Since 26/02/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 6 other boards

Persons with Significant Control

Mr Amit Babubhai Patel

75–100% shares

British · United Kingdom · Age 44

C/O Michael Filiou Ltd, Salisbury House, Potters Bar, EN6 5AS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 19/05/2004Registered 20/05/2004

CompanyRankvs 1102+ SIC 47620 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Clares Office Supplies Limited
90
2Marhaba Newsagents Ltd.
90
3Riverside Books Limited
90
4Shivam Capital Limited
90
5Rjp Limited
90
6Extralean Limited
90
7Walker'S Books Limited
89
8Absolute Print Limited
89
9The Till Roll Co. Limited
89
10The Flying Press Limited
89
1102Melcombe News Limited
42
How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 28/03/2023

Net Worth

-£49k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£110k

Current Liabilities

£189k

Fixed Assets

£36k

Debtors

£16k

3avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£43k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.58+£35k
20220.34—
20210.23—
20201.11—
20191.35—

Derived from filed accounts. Not audited figures.