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Newsflash Newsagents Limited

13837855

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

161 HIGH STREET, RAYLEIGH, SS6 7QA
Incorporated 10/01/2022

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 Sonalben Kiritbhai Patel

director · Since 10/01/2022

SELF EMPLOYED

INDIAN · ENGLAND · Age 41

Persons with Significant Control

Mrs Sonalben Kiritbhai Patel

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

Indian · England · Age 41

161, High Street, Rayleigh, SS6 7QA

Notified 10/01/2022

CompanyRankvs 19969+ SIC 47110 peers
31

Financial strength10th percentile among SIC peers · 3/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 31/01/2025

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£27k

Current Liabilities

£46k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities-£15k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59-£31k
20240.57+£33k
20230.85

Derived from filed accounts. Not audited figures.