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Euston Two Limited

12008481

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

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 21/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mohammed Iqbal

director · Since 21/05/2019

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 Development Ltd

Ceased 22/07/2020

Charges1 outstanding

Charge
outstanding

AREO S.À R.L. AS SECURITY AGENT

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

CompanyRankvs 1243710+ SIC 68100 peers
20

Financial strength12th percentile among SIC peers · 3/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength3/25 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.

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.

Longevity7/15 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

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 two 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 support of its parent undertaking. Whilst the director is st

Key FinancialsYear ending 31/03/2022

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£11.6M

Current Liabilities

£11.6M

Debtors

£1k

1avg. employees
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20221.00-£7k
20211.00

Derived from filed accounts. Not audited figures.