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Approachline Limited

02867336

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

93 TABERNACLE STREET, LONDON, EC2A 4BA
Incorporated 29/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Colin John Butcher

director · Since 30/11/1994

ARCHITECT

BRITISH · UNITED KINGDOM · Age 66

Also on 4 other boards

Persons with Significant Control

Mr Colin John Butcher

75–100% shares

British · United Kingdom · Age 66

93, Tabernacle Street, London, EC2A 4BA

Notified 29/06/2016

Charges1 outstanding

Charge
outstanding

GATEHOUSE BANK PLC

Created 15/01/2021Registered 21/01/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/05/2002Registered 25/05/2002Satisfied 18/01/2021

CompanyRankvs 8622+ SIC 82990 peers
70

Financial strength94th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£638k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£348k

Working capital

Current Assets

£422k

Current Liabilities

£74k

Debtors

£417k

Profit After Tax

-£964

1avg. employees

Tax at Year End(2021)

Dividends paid£20k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.68-£964
20235.99-£888
20225.83-£746
20216.01-£83k
2020+£10k
2019+£11k
20180.01

Derived from filed accounts. Not audited figures.