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Oldham Chronicle Limited

07916026

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SARAH MOOR STUDIOS, OLDHAM, OL1 3EN
Incorporated 19/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73120
Media representation

Officers

Mr Suresh Kumar Bawa

director · Since 19/01/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 18 other boards

Mrs Paula Ann Bawa

director · Since 20/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Mr Matthew Ramsbottom

director · Since 01/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Suresh Kumar Bawa

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Ags Accountants, Castle Court 2, Castlegate Way, Dudley, DY1 4RH

Notified 06/04/2016

Mr Matthew Ramsbottom

25–50% shares
25–50% votes

British · England · Age 57

Stoney Heys Farm, Road Lane, Rochdale, OL12 0TJ

Notified 11/10/2017

CompanyRankvs 61080+ SIC 73120 peers
46

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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46
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

Key FinancialsYear ending 28/04/2024

Net Worth

-£56k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£13k

Current Liabilities

£64k

Fixed Assets

£2k

Debtors

£11k

5avg. employees

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities-£49k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20+£2k
20230.33-£17k
20220.71+£18k
20210.34—
20200.09—
20190.61—
20180.87—

Derived from filed accounts. Not audited figures.