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Our Choice Newsagents Limited

06393108

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

352-354 HIGHER WALTON ROAD, PRESTON, PR5 4HT
Incorporated 08/10/2007

Compliance

Last accounts

30/10/2025

micro entity

Next accounts due

29/07/2027

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

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

Officers

Mr Suthir Parekh

secretary · Since 08/10/2007

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Mr Suthir Parekh

director · Since 08/10/2007

NEWSAGENT

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Mr Hiren Patel

director · Since 08/10/2007

NEWSAGENT

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Hiren Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 43

352-354 Higher Walton Road, Higher Walton, Preston, PR5 4HT

Notified 01/07/2016

Mr Suthir Parekh

25–50% shares
25–50% votes

British · United Kingdom · Age 48

352-354 Higher Walton Road, Higher Walton, Preston, PR5 4HT

Notified 01/07/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/11/2007Registered 24/11/2007

CompanyRankvs 1432+ SIC 47110 peers
71

Financial strength88th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees13/15 pts

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

Liquidity16/20 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 30/10/2025

Net Worth

£91k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£112k

Current Liabilities

£73k

Fixed Assets

£158k

8avg. employees+1

Balance Sheet

Assets less current liabilities£197k
Signed by 06393108 2024-10-31 2025-10-30 06393108 2025-10-30 06393108 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.53+£34k
20241.19+£46k
20230.88+£610
20220.98+£8k
20210.39-£1k
20201.49—
20191.56—
20182.00—

Derived from filed accounts. Not audited figures.