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Local News Food And Wine Ltd

09294566

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BRIDGE HOUSE, COVENTRY, CV6 4AD
Incorporated 04/11/2014

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

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

Officers

Mr Rajbir Singh Somal

director · Since 04/11/2014

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Gurdip Singh

director · Since 25/01/2020

DIRECTOR

INDIAN · UNITED KINGDOM · Age 67

Also on 2 other boards

Mrs Manjinder Kaur Somal

director · Since 25/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Rajbir Singh Somal

Appoint directors

British · United Kingdom · Age 36

Bridge House, 9 - 13 Holbrook Lane, Coventry, CV6 4AD

Notified 02/12/2016

Mrs Manjinder Kaur Somal

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

Bridge House, 9 - 13 Holbrook Lane, Coventry, CV6 4AD

Notified 28/01/2022

Mr Gurdip Singh

25–50% shares
25–50% votes
Appoint directors

Indian · United Kingdom · Age 67

Bridge House, 9 - 13 Holbrook Lane, Coventry, CV6 4AD

Notified 28/01/2022

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 22/05/2015Registered 02/06/2015

CompanyRankvs 1710+ SIC 47110 peers
67

Financial strength84th percentile among SIC peers · 21/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Lewis & Cooper Limited
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2Panzer (Delicatessen) Limited
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3G.W.Proudfoot Limited
90
4Parkfoot Garage Limited
90
5Smiths (Englefield Green) Limited
90
6All Style Design Limited
90
7Partridges Of Sloane Street Limited
90
8A.A. & Sons Limited
90
9Partridges Of Sloane Square Limited
90
10John Thomas & Sons (Aberaeron) Limited
90
1710Local News Food And Wine Ltd
76
How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£67k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£165k

Current Liabilities

£69k

Fixed Assets

£5k

4avg. employees+2

Tax at Year End(2020)

Dividends paid£28k

Balance Sheet

Assets less current liabilities£100k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.37+£11k
20231.79+£24k
20222.53+£659
20212.43+£9k
20202.54—
20191.22—
20181.12—

Derived from filed accounts. Not audited figures.