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Morden News Ltd

09912610

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

76 LONDON ROAD, SURREY, SM4 5AZ
Incorporated 11/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Umut Tuc

director · Since 11/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Umut Tuc

25–50% shares
25–50% votes

British · England · Age 46

76, London Road, Morden, SM4 5AZ

Notified 06/04/2016

Mr Ugur Tuc

25–50% shares
25–50% votes

British · England · Age 47

76, London Road, Morden, SM4 5AZ

Notified 06/04/2016

CompanyRankvs 12803+ SIC 47190 peers
46

Financial strength3th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

Longevity11/15 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 31/12/2021

Net Worth

-£71k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£26k

Current Liabilities

£44k

Fixed Assets

£8k

Debtors

£9k

6avg. employees

Balance Sheet

Bank loans & overdrafts£45k
Assets less current liabilities-£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20210.59

Derived from filed accounts. Not audited figures.