Used Telecoms Europe Limited
07343535
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 12/08/2025
Due 26/08/2026
Industry
Officers
director · Since 12/08/2010
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 59
Also on 23 other boards
Persons with Significant Control
Mr Neil Barnett
British · United Kingdom · Age 59
31-32, Causewayhead, Penzance, TR18 2SP
Notified 06/04/2016
CompanyRankvs 7148+ SIC 61900 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£2.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£922
Current Liabilities
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | +£0 |
| 2023 | 0.09 | — |
Derived from filed accounts. Not audited figures.