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Midday News Ltd

08205595

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

33 BLACKSTOCK ROAD, LONDON, N4 2JF
Incorporated 07/09/2012

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Sedat Yildiz

director · Since 24/09/2012

DIRECTOR

TURKISH · ENGLAND · Age 42

Persons with Significant Control

Mr Sedat Yildiz

75–100% shares

British · England · Age 42

5, Mary Seacole Close, Clarissa Street, London, E8 4TA

Notified 01/09/2016

CompanyRankvs 10373+ SIC 47110 peers
52

Financial strength14th percentile among SIC peers · 4/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.04× · 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 strength4/25 pts

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

Employees7/15 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 30/09/2024

Net Worth

-£4k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£136k

Current Liabilities

£130k

Fixed Assets

£15k

3avg. employees

Balance Sheet

Bank loans & overdrafts£25k
Assets less current liabilities£21k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£5k
20231.14-£1k
20221.25-£939
20211.34+£211
20200.92+£529
20190.86+£265
20180.98

Derived from filed accounts. Not audited figures.