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Euro Commercials (South West) Group Ltd

12922711

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

EURO COMMERCIALS, CARDIFF, CF23 9AQ
Incorporated 02/10/2020

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Jeffrey Carne

director · Since 31/05/2025

DIRECTOR

BRITISH · WALES · Age 56

Also on 9 other boards

Mr Andrew Gavin Hole

director · Since 31/05/2025

DIRECTOR

BRITISH · WALES · Age 48

Also on 6 other boards

Mr Barry Kidd

director · Since 31/05/2025

DIRECTOR

BRITISH · WALES · Age 59

Also on 7 other boards

Persons with Significant Control

Euro Commercials (South Wales) Limited

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

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 peers
36

Financial strength86th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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.

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

0avg. employees

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£3.5M

Balance Sheet

Intangible assets-£155k
Assets less current liabilities-£13k
Prepared with CCH Software