Cannon Distribution Services Ltd
13052269
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/11/2020
WAREHOUSE MANAGER
BRITISH · ENGLAND · Age 45
Also on 3 other boards
Persons with Significant Control
Mr Nigel James Cannon
British · England · Age 45
60, Grange Park Road, St. Helens, WA10 3EJ
Notified 30/11/2020
CompanyRankvs 1358+ SIC 52243 peers30
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2025
Net Worth
-£101k
Balance sheet strength
Cash
-£116k
Cash in the bank
Net Current Assets
-£101k
Working capital
Current Assets
-£69k
Current Liabilities
£32k
Debtors
£47k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | -2.14 | -£187k | £6k |
Derived from filed accounts. Not audited figures.