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Harry'S News Ltd

10712824

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3, ILEX HOUSE, TWICKENHAM, TW1 4HF
Incorporated 06/04/2017

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 Sumit Rameskumar Samgi

director · Since 09/09/2021

DIRECTOR

PORTUGUESE · UNITED KINGDOM · Age 41

Also on 2 other boards

Mr Hiren Rameskumar Samgi

director · Since 21/01/2025

DIRECTOR

PORTUGUESE · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Sumit Rameskumar Samgi

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

Portuguese · United Kingdom · Age 41

109, Halsbury Road East, Northolt, UB5 4PY

Notified 01/05/2021

Former PSCs

Mr Hiren Rameskumar Samgi

Ceased 01/05/2021

Charges2 outstanding

Charge
outstanding

INTERBAY FUNDING LTD (REGISTRATION NUMBER: 05595882)

Created 13/09/2022Registered 21/09/2022
Charge
outstanding

INTERBAY FUNDING, LTD.

Created 13/09/2022Registered 16/09/2022

CompanyRankvs 17781+ SIC 47110 peers
23

Financial strength6th percentile among SIC peers · 2/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£34k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£47k

Current Liabilities

£106k

Fixed Assets

£333k

2avg. employees

Balance Sheet

Assets less current liabilities£274k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£11k
20240.40-£14k
20230.41-£11k
20223.98+£6k
20217.19

Derived from filed accounts. Not audited figures.