Euro Commercials (South West) Group Ltd
12922711
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
director · Since 31/05/2025
DIRECTOR
BRITISH · WALES · Age 48
Also on 6 other boards
Persons with Significant Control
Euro Commercials (South Wales) Limited
Euro Commercials, Ipswich Road, Cardiff, CF23 9AQ
Reg: 01459115 · Uk Companies House · Private Company Limited By Shares
Notified 31/05/2025
Former PSCs
Mr Nigel Preston Smith
Ceased 31/05/2025
CompanyRankvs 28076+ SIC 64209 peers36
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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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£922k
Balance sheet strength
Cash
£1.7M
Cash in the bank
Net Current Assets
-£63k
Working capital
Current Assets
—
Current Liabilities
£64k
Fixed Assets
£50k
Debtors
£1k
Cost of Sales
£29.6M
Admin Expenses
£5.7M
Profit After Tax
-£365k
Tax at Year End
People Costs
Balance Sheet