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Memphis North East Limited

14198434

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

53-55 VILLETTE ROAD, SUNDERLAND, SR2 8RD
Incorporated 27/06/2022

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

Miss Emma Frain

director · Since 27/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Miss Emma Frain

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

British · England · Age 36

53-55, Villette Road, Sunderland, SR2 8RD

Notified 27/06/2022

CompanyRankvs 10514+ SIC 47110 peers
55

Financial strength66th percentile among SIC peers · 17/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.96× · 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 strength17/25 pts

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

Employees13/15 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 30/06/2023

Net Worth

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£29k

Current Liabilities

£30k

Fixed Assets

£26k

9avg. employees

Balance Sheet

Assets less current liabilities£25k
Signed by 27.6.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20230.96

Derived from filed accounts. Not audited figures.