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Tyne News 1 Limited

12446618

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

Details

26 SIDE, NEWCASTLE UPON TYNE, NE1 3JA
Incorporated 06/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Susan Wong

director · Since 06/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mrs Susan Wong

75–100% shares
75–100% votes

British · England · Age 48

26, Side, Newcastle Upon Tyne, NE1 3JA

Notified 06/02/2020

CompanyRankvs 5129+ SIC 47110 peers
64

Financial strength64th percentile among SIC peers · 16/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees7/15 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.

Longevity6/15 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 31/03/2022

Net Worth

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£94k

Current Liabilities

£28k

3avg. employees

Balance Sheet

Assets less current liabilities£66k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20223.38+£17k
202111.58

Derived from filed accounts. Not audited figures.