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Turnham Green Newsagent Limited

09203155

active
Private Limited Company
england wales
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

43 RICHMOND WAY, RICKMANSWORTH, WD3 3SF
Incorporated 04/09/2014

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/09/2025

Due 18/09/2026

On track

Industry

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

Officers

Mr Jasanthan Mahalingam

secretary · Since 04/09/2014

Also on 2 other boards

Mr Jasanthan Mahalingam

director · Since 04/09/2014

SELFEMPLOYED

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Jasanthan Mahalingam

75–100% shares

British · England · Age 48

43, Richmond Way, Rickmansworth, WD3 3SF

Notified 01/09/2016

CompanyRankvs 16547+ SIC 47110 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity12 years trading (max 15) · 12/15
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.

Longevity12/15 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 30/11/2024

Net Worth

-£43k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£43k

Current Liabilities

£86k

Fixed Assets

£33k

3avg. employees+1

Tax at Year End(2019)

Corp tax£4k
VAT£247

Director Loans(2019)

Company owes directors£64k

Balance Sheet

Total assets£76k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.49+£17k
20230.34+£8k
20220.40-£12k
20210.33-£29k
20200.73-£31k
20190.35+£3k£5k
20180.47

Derived from filed accounts. Not audited figures.