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Euston One Limited

11365255

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

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 16/05/2018

Compliance

Last accounts

31/03/2022

small

Next accounts due

30/03/2024

Overdue

Confirmation statement

Last: 15/05/2023

Due 29/05/2024

Overdue

Industry

68100
Buying and selling of own real estate

Officers

Mr Mohammed Iqbal

director · Since 16/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 13 other boards

Persons with Significant Control

Euston Holdings Limited

75–100% shares

65, Curzon Street, London, W1J 8PE

Reg: 12627461 · Companies House · Limited Company

Notified 22/07/2020

Former PSCs

Mbu Capital Real Estate Developments Limited

Ceased 22/07/2020

Charges1 outstanding

Charge
outstanding

AREO S.À R.L. AS SECURITY AGENT

Created 17/07/2019Registered 23/07/2019

Insolvency History1 case

receiver manager

Marc Sirio Nardini (receiver manager) · Abdullahi Jambo (receiver manager)

CompanyRankvs 7965+ SIC 68100 peers
46

Financial strength97th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.94× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength24/25 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.

Longevity8/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

this assessment, the director recognises that there are three issues which indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Firstly, the cashflow forecasts prepared by the Company to assess its going concern status recognise that the Company is reliant upon the support of its parent undertaking. Whilst the director

Key FinancialsYear ending 31/03/2022

Net Worth

£1.6M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£30.3M

Working capital

Current Assets

£35.4M

Current Liabilities

£5.1M

Debtors

£11.6M

1avg. employees

Balance Sheet

Bank loans & overdrafts£28.7M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20226.94-£260k
202124.82

Derived from filed accounts. Not audited figures.