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Global News Media Limited

12340630

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

IDEAL CORPORATE SOLUTIONS LIMITED, LANCASTER HOUSE, BOLTON, BL1 4QZ
Incorporated 29/11/2019

Compliance

Last accounts

30/11/2022

total exemption full

Next accounts due

31/08/2024

Overdue

Confirmation statement

Last: 28/11/2023

Due 12/12/2024

Overdue

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Mrs Beverley Dawn Chambers

director · Since 19/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Ben Chambers

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 45

Ideal Corporate Solutions Limited, Lancaster House, 171 Chorley New Road, Bolton, BL1 4QZ

Notified 29/11/2019

Former PSCs

Miss Nicola Elisabeth Chambers

Ceased 30/09/2021

Insolvency History1 case

compulsory liquidation19/06/2024

Andrew David Rosler (practitioner) · The Official Receiver Or Brighton (practitioner)

CompanyRankvs 15+ SIC 58142 peers
24

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/11/2022

Net Worth

-£7k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£248k

Current Liabilities

£232k

Fixed Assets

£2k

Debtors

£244k

9avg. employees-1

Balance Sheet

Bank loans & overdrafts£25k
Assets less current liabilities£18k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20221.07
20211.26

Derived from filed accounts. Not audited figures.