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Perkins Newsagent Ltd

14226708

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

7 MARKET PLACE, HORNCASTLE, LN9 5HB
Incorporated 11/07/2022

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

Mr Thivakaran Thillainathan

director · Since 11/07/2022

BUSINESS PERSON

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Thivakaran Thillainathan

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

British · England · Age 39

Albert Cottage, Hopton Street, Horncastle, LN9 6BF

Notified 11/07/2022

Former PSCs

Mr Rajithan Vinasithamby

Ceased 01/07/2025

CompanyRankvs 10517+ SIC 47110 peers
52

Financial strength6th percentile among SIC peers · 2/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 55.93× · 20/20
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 strength2/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/07/2025

Net Worth

-£33k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£55k

Current Liabilities

£982

5avg. employees+3

Balance Sheet

Intangible assets£85k
Bank loans & overdrafts£35k
Assets less current liabilities£139k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202555.93-£12k
202454.07-£11k

Derived from filed accounts. Not audited figures.