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News Xpress Ltd

09310277

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

2 WHEELEYS ROAD, BIRMINGHAM, B15 2LD
Incorporated 13/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Baljinder Kaur Mangatt

director · Since 13/11/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Jaswant Singh Mangatt

director · Since 13/11/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Baljinder Kaur Mangatt

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

British · England · Age 55

2, Wheeleys Road, Birmingham, B15 2LD

Notified 06/04/2016

Mr Jaswant Singh Mangatt

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

British · England · Age 55

2, Wheeleys Road, Birmingham, B15 2LD

Notified 06/04/2016

CompanyRankvs 12903+ SIC 82990 peers
79

Financial strength86th percentile among SIC peers · 22/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.72× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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12903News Xpress Ltd
78
How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 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.

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

£131k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£205k

Working capital

Current Assets

£241k

Current Liabilities

£36k

Fixed Assets

£46k

2avg. employees

Balance Sheet

Assets less current liabilities£251k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.72+£18k
20233.03+£12k
20222.94+£14k
20213.44+£14k
20202.78+£13k
20190.93+£12k
20180.80—

Derived from filed accounts. Not audited figures.