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Nc News Limited

09343374

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

22 SHRUBLAND ROAD, COLCHESTER, CO2 7EL
Incorporated 05/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47260
Retail sale of tobacco products in specialised stores

Officers

Mr Srinivas Reddy Patlola

director · Since 05/12/2014

BUSINESS

INDIAN · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Mr Srinivas Reddy Patlola

25–50% shares
25–50% votes

Indian · England · Age 51

22, Shrubland Road, Colchester, CO2 7EL

Notified 01/12/2016

CompanyRankvs 602+ SIC 47260 peers
57

Financial strength94th percentile among SIC peers · 24/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0× · 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 strength24/25 pts

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

Employees4/15 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 31/12/2024

Net Worth

£201k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£105

Current Liabilities

£187k

1avg. employees

Balance Sheet

Assets less current liabilities£186k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£17k
20230.06+£417k
20220.12+£8k
20210.06-£46k
20200.18-£70k
20190.60-£166k
20180.70

Derived from filed accounts. Not audited figures.