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H&H News Ltd

08538857

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

UNIT 23-25 MARKET WAY, BLACKBURN, BB1 7JQ
Incorporated 21/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47260
Retail sale of tobacco products in specialised stores
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Usman Patel

director · Since 21/05/2013

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Usman Patel

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

British · England · Age 68

Unit 23-25, Market Way, Blackburn, BB1 7JQ

Notified 21/05/2017

CompanyRankvs 1141+ SIC 47260 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees7/15 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.

Longevity13/15 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 31/05/2024

Net Worth

-£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£25k

Current Liabilities

£75k

Fixed Assets

£13k

2avg. employees

Tax at Year End(2019)

Corp tax£34
VAT£298

Director Loans(2019)

Company owes directors£27k

Balance Sheet

Assets less current liabilities-£37k
Signed by Mr Usman Patel 22nd February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.33-£4k
20230.27+£31k
20220.12-£7k
20210.15-£33k
20200.42-£7k
20190.59£6k
20180.86£11k

Derived from filed accounts. Not audited figures.