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Eet Uk Distribution Limited

06353017

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WATERSIDE HOUSE, UXBRIDGE, UB8 2YF
Incorporated 28/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Soren Drewsen

director · Since 30/07/2018

CEO

DANISH · DENMARK · Age 60

Mr Sunil Bouri

director · Since 04/09/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Jan Holmetoft Iversen

secretary · Since 10/02/2024

Persons with Significant Control

Former PSCs

Mr Simon Michael Smith

Ceased 29/08/2016

Eet Group A/S

Ceased 28/08/2021

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 27/05/2022Registered 01/06/2022
Charge
satisfied

NORDEA DANMARK, FILIAL AF NORDEA BANK ABP, FINLAND

Created 26/05/2020Registered 05/06/2020Satisfied 03/02/2022
Charge
satisfied

NORDEA DANMARK, FILIAL AF NORDEA BANK AB (PUBL), SVERIGE

Created 16/04/2018Registered 17/04/2018Satisfied 03/02/2022
Charge
satisfied

NORDEA BANK DANMARK A/S

Created 18/12/2015Registered 24/12/2015Satisfied 03/02/2022
Charge
satisfied

NORDEA BANK DANMARK A/S

Created 28/05/2015Registered 10/06/2015Satisfied 03/02/2022
charge
satisfied

EET DANMARK A/S

Created 15/07/2010Registered 17/07/2010Satisfied 16/09/2021

CompanyRankvs 24211+ SIC 82990 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Other information The directors are responsible for the other information. The other information co

Key FinancialsYear ending 31/12/2020

Turnover

£34.3M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£883k

Bottom line earnings

Net Current Assets

-£442k

Working capital

Current Assets

£6.2M

Current Liabilities

£6.7M

Fixed Assets

£4.5M

Debtors

£4.7M

Cost of Sales

£28.9M

Gross Profit

£5.4M

Admin Expenses

£4.6M

Operating Profit

£916k

Profit After Tax

£614k

33avg. employees-13

Tax at Year End

Corp tax£506k
Dividends paid£750k

People Costs

NI contributions£129k

Balance Sheet

Assets less current liabilities£4.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.93+£930k
20180.73

Derived from filed accounts. Not audited figures.