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Marathon Convenience Store Ltd

15239156

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

120 CAVENDISH PLACE, EASTBOURNE, BN21 3TZ
Incorporated 26/10/2023

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 25/10/2025

Due 08/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
56102
Unlicensed restaurants and cafes

Officers

Mr Tewodros Tsegaye

director · Since 26/10/2023

MANAGEMENT ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Tewodros Tsegaye

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

British · United Kingdom · Age 48

178, Wandsworth Road, London, SW8 2LA

Notified 26/10/2023

CompanyRankvs 20914+ SIC 47110 peers
26

Financial strength12th percentile among SIC peers · 3/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Liquidity2/20 pts

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

Longevity3/15 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 31/10/2024

Net Worth

-£10k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£69k

Current Liabilities

£157k

Fixed Assets

£78k

Debtors

£30k

1avg. employees

Director Loans

Company owes directors£129k

Balance Sheet

Assets less current liabilities-£10k
Signed by Tewodros Tsegaye 03/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.44

Derived from filed accounts. Not audited figures.