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Atco Development Limited

01353481

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

9 BERNERS PLACE, LONDON, W1T 3AD
Incorporated 16/02/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

M & N Secretaries Limited

corporate secretary · Since 19/06/2000

Emad Gamil Zikry Philopus

director · Since 03/11/2019

Egyptian

Former

Fuad Qaraman

secretary · Resigned 19/06/2000

Nawaf Abdulrahman Al Turki

director · Resigned 03/11/2019

Abdul Rahman Ali Al-Turki

director · Resigned 07/09/2016

CompanyRankvs 23140+ SIC 52290 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees5/15 pts

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

Liquidity12/20 pts

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

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to

Key FinancialsYear ending 31/12/2024

Turnover

£202k

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£178k

Cash in the bank

Profit Before Tax

£30k

Bottom line earnings

Net Current Assets

£123k

Working capital

Current Assets

£420k

Current Liabilities

£297k

Debtors

£241k

Gross Profit

£202k

Admin Expenses

£171k

Profit After Tax

£30k

1avg. employees

Tax at Year End(2022)

Corp tax£48k

People Costs(2022)

Wages & salaries£35k
NI contributions£4k

Balance Sheet

Assets less current liabilities£6.6M
Signed by 01353481 2024-01-01 2024-12-31 01353481 2024-12-31 01353481 bus:OrdinaryShareClass1 2024-12-31 01353481 core:RetainedEarPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.41+£30k
20232.16+£718k
20222.35-£892k
20173.62—

Derived from filed accounts. Not audited figures.