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Mega Choice News & Off Licence Ltd

10906779

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

51 LORD STREET, MANCHESTER, M3 1HE
Incorporated 09/08/2017

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 25/08/2025

Due 08/09/2026

On track

Industry

47210
Retail sale of fruit and vegetables in specialised stores
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Zia Dildar Hussain

director · Since 15/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mrs Noreen Hussain

director · Since 19/10/2018

MANAGER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Zia Hussain

Significant control

British · England · Age 61

46, Rectory Lane, Manchester, M25 1BL

Notified 29/02/2020

Former PSCs

Mr Faisal Hussain

Ceased 25/04/2019

CompanyRankvs 477+ SIC 47210 peers
70

Financial strength68th percentile among SIC peers · 17/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.45× · 20/20
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 strength17/25 pts

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

Employees9/15 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 31/08/2024

Net Worth

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£109k

Current Liabilities

£32k

4avg. employees

Balance Sheet

Assets less current liabilities£78k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.45-£3k
20236.36
20222.82
20212.94-£6k
20203.78-£306
20191.26+£2k
20181.18

Derived from filed accounts. Not audited figures.