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Undercurrent News Limited

08186687

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

C/O ADAMS BEENY, BOGNOR REGIS, PO21 1EU
Incorporated 21/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities

Officers

Mr Tom Seaman

director · Since 21/08/2012

JOURNALIST

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Ucn Holdings Limited

75–100% shares
75–100% votes

1 Sudley Terrace, High Street, Bognor Regis, PO21 1EY

Reg: 11806930 · Uk · Limited Company

Notified 05/02/2019

Former PSCs

Mr Tom Seaman

Ceased 05/02/2019

Miss Eva Tallaksen

Ceased 10/03/2023

CompanyRankvs 877+ SIC 58190 peers
78

Financial strength86th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 pts

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

Liquidity12/20 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 31/08/2024

Net Worth

£48k

Balance sheet strength

Cash

£703k

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£847k

Current Liabilities

£788k

Fixed Assets

£7k

Debtors

£144k

12avg. employees

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities£67k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08+£10k
20231.08+£23k
20221.06+£18k
20211.08+£69k
20200.94+£16k
20190.69-£44k
20180.82

Derived from filed accounts. Not audited figures.