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City News (Preston) Limited

09283327

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

48 FRIARGATE, PRESTON, PR1 2AT
Incorporated 28/10/2014

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/03/2026

Due 28/03/2027

On track

Industry

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

Officers

Mr Rama Koteswara Rao Puvvada

director · Since 28/10/2014

DIRECTOR

BRITISH · ENGLAND · Age 40

Mrs Lavanya Cheetirala

director · Since 01/12/2015

DIRECTOR

INDIAN · ENGLAND · Age 34

Persons with Significant Control

Mr Rama Koteswara Rao Puvvada

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 40

48 Friargate, Preston, PR1 2AT

Notified 06/04/2016

Mrs Lavanya Cheetirala

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

Indian · England · Age 34

48 Friargate, Preston, PR1 2AT

Notified 01/12/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/04/2021Registered 28/04/2021

CompanyRankvs 11731+ SIC 47110 peers
39

Financial strength59th percentile among SIC peers · 15/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11731City News (Preston) Limited
48
How is this score calculated?
Financial strength15/25 pts

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

Employees5/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£13k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£59k

Current Liabilities

£144k

Fixed Assets

£229k

2avg. employees

Tax at Year End

Corp tax£533
VAT£239

Director Loans

Company owes directors£110k

Balance Sheet

Assets less current liabilities£144k
Signed by Mr Rama Puvvada 30/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.41+£2k£5k
20230.43+£3k£5k
20220.45+£4k£2k
20210.47-£3k£8k
20200.96+£2k£51k
20190.96—£51k
20180.84—£17k

Derived from filed accounts. Not audited figures.