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Cosy News Limited

06635750

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

16 ST. GEORGES WAY, NEWCASTLE UPON TYNE, NE1 7JD
Incorporated 02/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr. Shahzad Ali Alvi

secretary · Since 11/07/2008

CIVIL ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr. Shahzad Ali Alvi

director · Since 11/07/2008

CIVIL ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Ms Sharmistha Shaswati Das

director · Since 26/02/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Mr. Shahzad Ali Alvi

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

British · United Kingdom · Age 58

16, St. Georges Way, Newcastle Upon Tyne, NE1 7JD

Notified 01/06/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/10/2013Registered 31/10/2013
charge
outstanding

CSE (ELDON SQUARE) LIMITED

Created 17/12/2008Registered 24/12/2008

CompanyRankvs 222+ SIC 47620 peers
68

Financial strength70th percentile among SIC peers · 18/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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222Cosy News Limited
74
How is this score calculated?
Financial strength18/25 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.

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 31/07/2024

Net Worth

£27k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£110k

Current Liabilities

£69k

Fixed Assets

£17k

Debtors

£16k

12avg. employees+4

Tax at Year End

VAT£5k

Balance Sheet

Bank loans & overdrafts£28k
Assets less current liabilities£58k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.60+£6k£97k
20231.49+£20k£26k
20221.19+£183£82k
20211.44-£35k£3k
20202.07-£12k—
20191.29-£22k—
20182.35——

Derived from filed accounts. Not audited figures.