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Euro Workspace Limited

07724692

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE OCTAGON SUITE E2, 2ND FLOOR, COLCHESTER, CO1 1TG
Incorporated 01/08/2011

Compliance

Last accounts

30/04/2025

full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 25/04/2026

Due 09/05/2027

On track

Industry

31010
Manufacture of office and shop furniture

Officers

Mr Erik Gavin Batley

director · Since 01/08/2011

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Adrian Cowley

director · Since 01/08/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Ian Sinclair Narramore

director · Since 01/08/2012

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 51

Mrs Joanne Batley

director · Since 07/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Persons with Significant Control

Euro Workspace Global Limited

75–100% shares
75–100% votes
Appoint directors

The Octagon Suite E2, 2nd Floor, Middleborough, CO1 1TG

Notified 08/11/2024

Former PSCs

Mr Ian Narramore

Ceased 06/04/2016

Mr Erik Gavin Batley

Ceased 08/11/2024

Mr Guy Anthony Pollard

Ceased 15/01/2022

Mr Adrian Cowley

Ceased 05/04/2022

Erik Gavin Batley

Ceased 05/04/2022

Mr Ian Sinclair Narramore

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/11/2020Registered 17/11/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/09/2018Registered 20/09/2018
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 24/07/2012Registered 27/07/2012

CompanyRankvs 217+ SIC 31010 peers
55

Financial strength97th percentile among SIC peers · 24/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.57× · 16/20
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 strength24/25 pts

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

Employees5/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, 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. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/04/2025

Net Worth

£2.9M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£434k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£7.6M

Current Liabilities

£4.9M

Fixed Assets

£538k

Debtors

£3.9M

Admin Expenses

£4.9M

Profit After Tax

£389k

1avg. employees-65

Tax at Year End

Corp tax£120k
Dividends paid£566k

People Costs

Wages & salaries£2.2M

Balance Sheet

Intangible assets£33k
Bank loans & overdrafts£16k
Assets less current liabilities£3.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.57-£250k
20241.80-£628k
20232.03+£384k
20221.92+£1.3M
20212.12+£365k
20202.71+£500k
20191.69+£544k
20181.33

Derived from filed accounts. Not audited figures.