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Preston Newstravel Plus Ltd

10772444

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)

Details

2 MYRRH STREET, BOLTON, BL1 8XE
Incorporated 16/05/2017

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 11/06/2025

Due 25/06/2026

On track

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Mohammed Faruk Essap

director · Since 01/06/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 19

Also on 4 other boards

Mr Faruk Essap

director · Since 01/11/2025

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Mohammed Faruk Essap

75–100% shares
75–100% votes

British · United Kingdom · Age 19

2, Myrrh Street, Bolton, BL1 8XE

Notified 01/06/2025

Former PSCs

Faruk Essap

Ceased 01/06/2024

Yakub Essap

Ceased 31/03/2021

Zubeda Essap

Ceased 01/06/2024

Mrs Tahera Essap

Ceased 01/06/2024

Mr Muhammad Ayyub Khansab

Ceased 01/06/2025

CompanyRankvs 1082+ SIC 47620 peers
47

Financial strength17th percentile among SIC peers · 4/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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 31/05/2025

Net Worth

-£4k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£64k

Current Liabilities

£79k

Fixed Assets

£16k

Debtors

£32k

6avg. employees

Balance Sheet

Assets less current liabilities-£3k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£0
20250.82-£9k
20241.01+£4k
20231.15-£372
20221.48-£5k
20212.13-£16k
20202.20+£88
20191.15+£10k
20180.94

Derived from filed accounts. Not audited figures.