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Braces News Ltd

15698345

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

BRACES NEWS, 99-101, KETTERING, NN16 8RU
Incorporated 01/05/2024

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 Mahdi Abdulla Khidir

director · Since 01/10/2025

BUSINESS PERSON

IRANIAN · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Mr Mahdi Abdulla Khidir

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm

Iranian · England · Age 32

Braces News, 99-101, Montagu Street, Kettering, NN16 8RU

Notified 01/10/2025

Former PSCs

Mr Hazhar Morad Ahmadi

Ceased 31/07/2025

Mr Avraam Dragoi

Ceased 25/08/2025

Mr Mahdi Abdulla Khidir

Ceased 15/09/2025

Mr Hazhar Morad Ahmadi

Ceased 28/09/2025

CompanyRankvs 21355+ SIC 47110 peers
24

Financial strength17th percentile among SIC peers · 4/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees1/15 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.

Longevity2/15 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 30/05/2025

Net Worth

-£293

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£2k

Current Liabilities

£6k

Fixed Assets

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£293
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.30

Derived from filed accounts. Not audited figures.