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Euro News Ltd

10733755

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

26 ORCHARD STREET, PRESTON, PR1 2EN
Incorporated 21/04/2017

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 Arif Yusufbhai Patel

director · Since 16/02/2023

MANAGER

BRITISH · ENGLAND · Age 45

Also on 7 other boards

Persons with Significant Control

Mr Arif Patel

75–100% shares

British · United Kingdom · Age 51

26, Orchard Street, Preston, PR1 2EN

Notified 21/04/2017

Charges0 outstanding

Charge
satisfied

ALLICA BANK LIMITED

Created 19/04/2021Registered 22/04/2021Satisfied 08/07/2022

CompanyRankvs 3181+ SIC 47110 peers
70

Financial strength77th percentile among SIC peers · 19/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1811.47× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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3181Euro News Ltd
70
How is this score calculated?
Financial strength19/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£43k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£291k

Working capital

Current Assets

£292k

Current Liabilities

£161

3avg. employees

Balance Sheet

Assets less current liabilities£291k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241811.47+£1k
20239.49+£8k
20223.38+£14k
202181.32+£8k
202011.24+£7k
201913.08—

Derived from filed accounts. Not audited figures.