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Chervon Europe Limited

06272707

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

4TH FLOOR AQUIS HOUSE, READING, RG1 1PL
Incorporated 07/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Pitsec Limited

secretary · Since 07/06/2007

BRITISH

Also on 231 other boards

Tong Zhang

director · Since 07/06/2007

DIRECTOR

CHINESE · HONG KONG · Age 54

Mr Longquan Pan

director · Since 21/08/2015

DIRECTOR

CHINESE · HONG KONG · Age 62

Mr Peter Melrose

director · Since 25/02/2025

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Longquan Pan

Significant control

Chinese · Hong Kong · Age 62

803b 8/F Allied Kajima Building, 138 Gloucester Road, Wanchai

Notified 06/04/2016

CompanyRankvs 49+ SIC 25730 peers
86

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.97× · 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 strength22/25 pts

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

Employees14/15 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

£954k

Balance sheet strength

Cash

£642k

Cash in the bank

Net Current Assets

£887k

Working capital

Current Assets

£1.3M

Current Liabilities

£449k

Fixed Assets

£67k

Debtors

£694k

26avg. employees+6

Tax at Year End(2023)

Corp tax£16k

Balance Sheet

Assets less current liabilities£954k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.97+£108k
20233.69+£101k
20222.68-£296k
20213.00
20198.08
20186.09

Derived from filed accounts. Not audited figures.