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Demes News Limited

10097206

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)

Details

1 GREYCOAT PLACE, LONDON, SW1P 1SB
Incorporated 01/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Mukesh Patel

director · Since 01/04/2016

NEWSAGENT

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Hetal Patel

25–50% shares

British · England · Age 51

1 Greycoat Place, Westminster, London, SW1P 1SB

Notified 06/04/2016

Mr Mukesh Patel

50–75% shares

British · England · Age 58

1 Greycoat Place, Westminster, London, SW1P 1SB

Notified 06/04/2016

CompanyRankvs 15331+ SIC 47110 peers
39

Financial strength37th percentile among SIC peers · 9/25
Employees33th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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15331Demes News Limited
39
How is this score calculated?
Financial strength9/25 pts

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

Employees5/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Fixed Assets

£98k

2avg. employees
Signed by 2023-11-01

EstimatesDerived

YearCurrent RatioImplied Profit
20230.02—
20220.10—
20210.17-£986
20200.16—
20190.11—
20180.18—

Derived from filed accounts. Not audited figures.