MURTRANG LIMITED

PEARL ASSURANCE HOUSE, 319 BALLARDS LANE, LONDON, N12 8LY

Previous name: PAPERCHASE WORLDWIDE GROUP LIMITED (changed on 30-Apr-2021)
Previous name: NEWINCCO 1015 LIMITED (changed on 12-Aug-2010)

Company Number: 07289222
Incorporation date: 18-Jun-2010
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
47620 Retail sale of newspapers and stationery in specialised stores





SUMMARY

This company is 13.8 years old and is currently liquidation. It is controlled by Paperchase Worldwide Holdings Limited. The company has negative equity (net assets) of GBP -10.9 million which has worsened since the previous year's figure of GBP 0. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -10.9 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 5 active officers (directors or partners) who are or were officers of 15 other companies, 4 (26.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Jan-2021
Accounts Filed: FULL (02-Feb-2019)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
02-Feb-2019 GBP -315,000 2,983,000 -3,298,000
03-Feb-2018 GBP -29,000 2,962,000 -2,991,000
28-Jan-2017 GBP -52,000 2,855,000 9,124,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
02-Feb-2019 GBP 9,000 4,055,000 116,000 35,650,000 -10,906,000 -10,906,000 -10,906,000
03-Feb-2018 GBP 5,569,000 92,000 33,890,000 -7,608,000 -7,608,000
28-Jan-2017 GBP 9,000 7,144,000 63,000 32,503,000 -4,617,000 -4,617,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
02-Feb-2019 GBP 30.24% -3,298,000 -7,608,000 -10,906,000 22,724,000
03-Feb-2018 GBP 100.00% -7,608,000 0 -7,608,000 26,603,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Mike WOODCOCK 02 Sep 2019 28 Mar 2024 1 - 0
Resigned Kevin Paul HEATH 26 Sep 2013 19 Jul 2019 0 - 1
Resigned David BATEMAN 20 Oct 2010 26 Sep 2013 0 - 1
Resigned OLSWANG COSEC LIMITED 18 Jun 2010 20 Oct 2010 83 - 1431

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Oliver Max RAEBURN 01 Oct 2020 Director British 8 - 54 (30.8%)
Active Oliver Max RAEBURN 01 Oct 2020 Director British 3 - 44 (57.1%)
Active Nicholas WOOD 11 Sep 2020 Company Director British 1 - 01 (100.0%)
Active Mike WOODCOCK 02 Sep 2019 Cfo British 2 - 33 (60.0%)
Resigned Duncan GIBSON 21 Dec 2017 11 Sep 2020 Chief Operating Officer British 1 - 11 (50.0%)
Resigned Duncan GIBSON 21 Dec 2017 11 Sep 2020 Chief Operating Officer British 0 - 11 (100.0%)
Resigned Kevin Paul HEATH 21 Dec 2017 19 Jul 2019 Chief Financial Officer British 0 - 66 (100.0%)
Resigned Simon HOWES 10 Aug 2010 25 Apr 2018 Retail Manager British 1 - 64 (57.1%)
Resigned Robert James WARDEN 10 Aug 2010 31 May 2017 Company Director British 0 - 53 (60.0%)
Resigned Neil Alan WALLACE 13 Jul 2010 10 Aug 2010 Company Director British 15 - 2011 (31.4%)
Resigned Alistair Paul ARMSTRONG 13 Jul 2010 10 Aug 2010 Assistant Director, Finance British 1 - 52 (33.3%)
Resigned Graham John HEDDLE 13 Jul 2010 23 Apr 2019 Company Director British 2 - 2810 (33.3%)
Active Timothy MELGUND 25 Jun 2010 Company Director British 2 - 55 (71.4%)
Resigned David Peter BATEMAN 25 Jun 2010 01 Sep 2017 Compabny Director British 0 - 22 (100.0%)
Resigned OLSWANG DIRECTORS 2 LIMITED 18 Jun 2010 25 Jun 2010 1 - 442140 (31.6%)
Resigned OLSWANG DIRECTORS 1 LIMITED 18 Jun 2010 25 Jun 2010 3 - 554193 (34.6%)
Resigned Christopher Alan MACKIE 18 Jun 2010 25 Jun 2010 Solicitor British 0 - 553166 (30.0%)
Number of active directors: 5
Average tenure of active directors: 5.8 years
Average tenure of resigned directors: 3.1 years
Average active director Dissolution Rate: 63.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
HORNBY INDUSTRIES LIMITED (01491879) - Active
THE GREAT BRITISH CARD COMPANY PLC (01509760) - Liquidation
HORNBY PLC (01547390) - Active
H & M (SYSTEMS) LIMITED (01558022) - Active
HORNBY HOBBIES LIMITED (02065081) - Active
OXFORD DIECAST LIMITED (02869520) - Active
LCD ENTERPRISES LIMITED (03005140) - Active
PAPERCHASE PRODUCTS LIMITED (03185938) - In Administration/Administrative Receive
LUCKY CHOICE LIMITED (03223099) - Active
PAPERCHASE LIMITED (03283485) - Active
49’S (1996) LIMITED (03285628) - Active
PAPERCHASE DESIGNS LIMITED (03530861) - Active
MURTRANH LIMITED (07289204) - Liquidation
MURTRANG LIMITED (07289222) - Liquidation
ASPEN PHOENIX NEWCO LIMITED (13131751) - In Administration
ASPEN PHOENIX TOPCO LIMITED (FC038385) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-06-182016-06-182015-06-182014-06-182013-06-18
PAPERCHASE WORLDWIDE HOLDINGS LIMITEDORDINARY1
100%
3,266,667
100%
3,266,667
100%
3,266,667
100%
3,266,667
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MURTRANG LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 47620 Retail sale of newspapers and stationery in specialised stores)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
THE BOOK DEPOSITORY LIMITED 1 PRINCIPAL PLACE, WORSHIP STREET, LONDON, EC2A 2FA 05124926 2017-12-31 247,224,000 -807,000
PAPERCHASE PRODUCTS LIMITED C/O PWC LLP C/O PWC LLP, CENTRAL SQUARE 29 WELLINGTON STREET, LEEDS, WEST YORKSHIRE, ENGLAND 03185938 2018-02-03 131,153,000 -2,479,000
RYMAN LIMITED RYMAN HOUSE, SAVOY ROAD, CREWE, CHESHIRE, CW1 6NA 03007166 2018-03-31 128,070,000 53,198,000
SEYMOUR DISTRIBUTION LIMITED MEDIA HOUSE PETERBOROUGH BUSINESS PARK, LYNCH WOOD, PETERBOROUGH, UNITED KINGDOM, PE2 6EA 02954685 2017-12-31 104,742,000 598,000
CLARES OFFICE SUPPLIES LIMITED UNIT D1 VOYAGER PARK, PORTFIELD ROAD, PORTSMOUTH, HAMPSHIRE, PO3 5FN 01048653 2018-04-30 10,664,193 0
HEAVENLY NEWS LIMITED 21 HAVEN LANE, LONDON, ENGLAND, W5 2HZ 05866742 2018-07-31 755,170 0
CITY CONFECTIONERY LIMITED 10B JOHN ISLIP STREET, PIMLICO, LONDON, ENGLAND, SW1P 4PY 04569377 2018-12-31 578,388 0
HIGH STREET NEWS LIMITED 20 HIGH STREET, WOMBWELL, BARNSLEY, SOUTH YORKSHIRE, S73 0AA 04677870 2019-03-31 399,372 0
KNEBWORTH VILLAGE STORE LTD BRACEY'S ACCOUNTANTS (MEDICAL) LIMITED, 18-20 HIGH STREET, STEVENAGE, HERTFORDSHIRE, ENGLAND, SG1 3EJ 09153638 2018-03-31 377,789 0
HORNET NEWS LTD 112 THE HORNET, CHICHESTER, UNITED KINGDOM, PO19 7JR 10630748 2018-02-28 357,739 0
JEFFREYS NEWS LTD 11/12 HALLMARK TRADING CENTRE, FOURTH WAY, WEMBLEY, MIDDLESEX, HA9 0LB 05759603 2017-07-31 337,948 0
PAPER THINGS LTD 6 MANOR PARK, OAKWORTH, KEIGHLEY, ENGLAND, BD22 7PW 08253758 2019-03-31 266,004 0
PROSPECT NEWSAGENTS LIMITED KINGSWAY, 50 FORE STREET, SEATON, DEVON, EX12 2AD 03175767 2018-03-31 238,150 0
FERPAT LTD 24 ROYAL ARCADE, WIGAN, LANCASHIRE, WN1 1QH 08854291 2019-01-31 223,864 0
BINAPANI TRADING LIMITED FLAT 12, 12-16 ANGEL HILL, TIVERTON, DEVON, EX16 6PE 08582762 2018-06-30 178,851 0
CELEBRATIONS EXPRESS LTD UNIT 23 A/B GOLDEN WAY, URMSTON, MANCHESTER, M41 0NA 07048356 2018-05-04 166,491 0
MILLOM MAIN OFFICE LIMITED 9 MILLOM POST OFFICE, ST GEORGES ROAD, MILLOM, CUMBRIA, LA18 4JA 09239412 2018-09-30 162,957 0
ROSEGATE VENTURES LIMITED 70 CAVENDISH STREET, BARROW IN FURNESS, CUMBRIA, LA14 1PZ 04408994 2018-09-30 159,764 0
VICTORIA CARDS & PARTY (LOUGHBOROUGH) LTD 36B MARKET STREET, LOUGHBOROUGH, UNITED KINGDOM, LE11 3ER 10623401 2019-02-28 108,383 0
SOUTHERN STATIONERY LIMITED 3 ANGEL COURTYARD, LYMINGTON, HAMPSHIRE, ENGLAND, SO41 9AP 09802802 2018-12-31 92,818 0
S.N.M STORE LIMITED 3 SOUTHPORT ROAD, FORMBY, LIVERPOOL, L37 7EN 05675372 2017-06-30 86,122 0
TREASURES (UK) LIMITED 273 PORTLAND ROAD, LONDON, SE25 4XB 04527188 2017-11-30 82,696 0
BALLOONS BY WONDERLAND LIMITED BEKE LODGE, BEKE HALL CHASE NORTH, RAYLEIGH, ESSEX, SS6 9EZ 05151196 2018-06-30 61,669 0
CARDS, GIFTS AND STATIONERY LIMITED 15 TURNBERRY, BOLTON, ENGLAND, BL3 4XJ 10313767 2018-08-31 57,748 0 53100-Postal activities under universal service obligation
CRAFTSTATION (MIDLANDS) LIMITED 29 NEW HUCKNALL WAYE, HUTHWAITE, SUTTON-IN-ASHFIELD, NOTTINGHAMSHIRE, NG17 2SS 07347243 2018-08-31 46,146 0
THE GARDEN SUBURB STORES LIMITED 2 THE PRECINCT, REST BAY, PORTHCAWL, MID GLAMORGAN, CF36 3RF 05841872 2018-04-30 42,697 0
PACIFIC CHEM LTD 78 VILLAGE HEIGHTS, GATESHEAD, ENGLAND, NE8 1PW 08382332 2018-02-28 25,106 0 47730-Dispensing chemist in specialised stores
53201-Licensed carriers
POUND CARDS LIMITED 26 LONG FURROW, WOLVERHAMPTON, ENGLAND, WV8 1UP 09386273 2018-05-04 20,505 0
ROCK PAPER SCISSORS SUPPLIES LTD TERENCE HOUSE,, 24 LONDON ROAD, THATCHAM, BERKSHIRE, UNITED KINGDOM, RG18 4LQ 09791000 2017-09-30 19,893 0
JNB OFFICE SERVICES LIMITED WEST PARK, WEST PARK ROAD, SIDMOUTH, DEVON, EX10 9DH 09169549 2017-08-31 19,573 0
SMALLPRINT (SCOTLAND) LTD. 20 PULLAR AVENUE, BRIDGE OF ALLAN, FALKIRK, SCOTLAND, FK9 4SX SC237716 2018-08-31 0 0 47650-Retail sale of games and toys in specialised stores
FRONTLINE LIMITED MEDIA HOUSE PETERBOROUGH BUSINESS PARK, LYNCH WOOD, PETERBOROUGH, UNITED KINGDOM, PE2 6EA 00329613 0000-00-00 0 0
PAPERCHASE WORLDWIDE GROUP LIMITED PEARL ASSURANCE HOUSE, 319 BALLARDS LANE, LONDON, N12 8LY 07289222 0000-00-00 0 0
PAPERCHASE WORLDWIDE HOLDINGS LIMITED PEARL ASSURANCE HOUSE, 319 BALLARDS LANE, LONDON, N12 8LY 07289204 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector 0.4% 5.4% 8.7% Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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