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Canelo Digital Publishing Limited

09362771

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20 VAUXHALL BRIDGE ROAD, LONDON, SW1V 2SA
Incorporated 19/12/2014

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/11/2025

Due 05/12/2026

On track

Industry

58110
Book publishing
58190
Other publishing activities
58290
Other software publishing

Officers

Mr Robert James Squire Gates

director · Since 01/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 6 other boards

Mr Paul Nicholas Kelly

director · Since 01/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 15 other boards

Persons with Significant Control

Dorling Kindersley Limited

75–100% shares
75–100% votes
Appoint directors

20, Vauxhall Bridge Road, London, SW1V 2SA

Reg: 01177822 · Companies House · Private Limited Company

Notified 01/11/2024

Former PSCs

Mr Nicholas Reis Mach Barreto

Ceased 09/11/2020

Mr Michael Raj Bhaskar

Ceased 09/11/2020

Mr Iain Shaw Millar

Ceased 01/11/2024

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 30/04/2024Registered 02/05/2024Satisfied 14/02/2025

CompanyRankvs 3773+ SIC 58110 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 31/12/2025

Turnover

£4.7M

Annual revenue

Net Worth

-£422k

Balance sheet strength

Cash

£501k

Cash in the bank

Profit Before Tax

£228k

Bottom line earnings

Net Current Assets

-£424k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.8M

Fixed Assets

£2k

Debtors

£1.5M

Cost of Sales

£3.2M

Gross Profit

£1.5M

Admin Expenses

£1.7M

Operating Profit

-£660k

Profit After Tax

£399k

22avg. employees+2

Tax at Year End

Corp tax£15k

People Costs

Wages & salaries£1.1M
NI contributions£141k

Balance Sheet

Assets less current liabilities-£422k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85-£543k
20231.03

Derived from filed accounts. Not audited figures.