Company Overview
Shya's News Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Thursday 10 December 2015, so this is a well established company. Shya's News Ltd has been in business for 10 years and 3 months. The accounts status is micro entity and the accounts are next due on Monday 30 September 2019.
Registered Address

Wilkin Chapman Llp, Cartergate House 26 Chantry Lane, Grimsby, North East Lincolnshire, DN31 2LJ
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Companies House Data
Company NameSHYA'S NEWS LTD
Company Number09910878
Registered Office AddressWILKIN CHAPMAN LLP
 Cartergate House 26 Chantry Lane
 DN31 2LJ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date10/12/2015
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2019
Accounts Last Made Up Date31/12/2017
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date07/01/2017
Directors & Members
Shyamalatha Mathiy - Director
(British, 53 years old, born January 1973)
Appointed 10 December 2015
 Active
Velummylum Mathiy - Director
(British, 56 years old, born August 1970)
Appointed 17 November 2018
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Shyamalatha Mathiy
NERLUX LTD
SHYA'S SUGAR ART&CRAFT LTD
Velummylum Mathiy
NERLUX LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016
Balance Sheet
Fixed Assets 73,262 97,306
Current Assets 29,285 26,084
Creditors Due Within One Year 21,334 85,812
Working Cap 7,951 51,968
Total Assets Less Current Liabilities 81,213 37,578
Long-term Liabilities 0 17,905
Net Assets 81,213 19,673
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 81,213 19,673
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016
Tangible Fixed Assets - -
Fixed Assets 71.4% 78.9%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 28.6% 21.1%
Creditors Due Within One Year 20.8% 69.5%
Net Current Assets Liabilities 7.8% 42.1%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - 15.9%
Called Up Share Capital - -
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve - -
Shareholder Funds 79.2% 15.9%
Capital Employed - -
Total Assets Less Current Liabilities 79.2% 30.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016
Liquidity Ratio 1.4 0.3
Solvency Ratio 4.8 1.2
Reserves to Assets - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2017 31-Dec-2016
Assets 102,547 123,390
Debt 21,334 103,717
Net Assets/Debt 81,213 19,673
The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Progress report in a winding up by the court
Progress report in a winding up by the court
Progress report in a winding up by the court
Registered office address changed from Wilkin Chapman Business Solutions Limited Cartergate House 26 Chantry Lane Grimsby North East Lincolnshire DN31 2LJ to Cartergate House 26 Chantry Lane Grimsby North East Lincolnshire DN31 2LJ on 10 March 2023
Progress report in a winding up by the court
Notice of removal of liquidator by court
Registered office address changed from Wilkin Chapman Business Solutions 1st Floor Consort House Waterdale Doncaster DN1 3HR to Cartergate House 26 Chantry Lane Grimsby North East Lincolnshire DN31 2LJ on 9 January 2022
Progress report in a winding up by the court
Notice of removal of liquidator by court
Appointment of a liquidator
Progress report in a winding up by the court
Registered office address changed from 20-22 Wenlock Road London N1 7GU England to Wilkin Chapman Business Solutions 1st Floor Consort House Waterdale Doncaster DN1 3HR on 15 October 2019
Appointment of a liquidator
Order of court to wind up
Registered office address changed from 5 Station Parade Noel Road London W3 0DS England to 20-22 Wenlock Road London N1 7GU on 31 January 2019
Confirmation statement made on 9 December 2018 with updates
Statement of capital following an allotment of shares on 17 November 2018
Notification of Velummylum Mathiy as a person with significant control on 17 November 2018
Appointment of Mr Velummylum Mathiy as a director on 17 November 2018
Amended total exemption small company accounts made up to 31 December 2016
Confirmation statement made on 9 December 2017 with updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 9 December 2016 with updates
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