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Hg Newsagent & Convenience Store Ltd

14054559

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

264 FINNEY LANE, CHEADLE, SK8 3QD
Incorporated 19/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
53100
Postal activities under universal service obligation

Officers

Mr Saju Lazar

director · Since 01/05/2025

DIRECTOR

INDIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Saju Lazar

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

Indian · England · Age 47

264, Finney Lane, Cheadle, SK8 3QD

Notified 01/05/2025

Former PSCs

Mr Anil Kumar Aggarwal

Ceased 01/12/2023

Mr Adnan Qadeer

Ceased 31/07/2025

CompanyRankvs 10506+ SIC 47110 peers
51

Financial strength50th percentile among SIC peers · 13/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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10506Hg Newsagent & Convenience Store Ltd
51
How is this score calculated?
Financial strength13/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£7k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£4k

Current Liabilities

£3k

Fixed Assets

£6k

3avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20251.44

Derived from filed accounts. Not audited figures.