Areen Design Limited
11070561
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/11/2025
Due 30/11/2026
Industry
Officers
director · Since 17/11/2017
NONE
BRITISH · ENGLAND · Age 73
Also on 2 other boards
director · Since 17/11/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 5 other boards
Persons with Significant Control
Roots Group Uk Limited
16, Great Queen Street, London, WC2B 5AH
Reg: 01895731 · Companies House · Limited By Shares
Notified 17/11/2017
CompanyRankvs 4656+ SIC 71111 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
events or conditions, along with the other matters as set forth in note 2.2, indicate that material uncertainties exist that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the pr
Key FinancialsYear ending 31/12/2024
Turnover
£6.1M
Annual revenue
Net Worth
£12.5M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
-£2.5M
Bottom line earnings
Net Current Assets
-£4.7M
Working capital
Current Assets
£3.6M
Current Liabilities
£8.3M
Fixed Assets
£17.2M
Debtors
£2.3M
Cost of Sales
£5.1M
Gross Profit
£978k
Admin Expenses
£3.8M
Operating Profit
-£2.9M
Profit After Tax
-£2.5M
Tax at Year End(2020)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.43 | -£4.6M |
| 2020 | 2.54 | — |
Derived from filed accounts. Not audited figures.