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03609414 Limited

03609414

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

4TH FLOOR, ASPECT HOUSE, BRIGHTON, BN1 3XE
Incorporated 04/08/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52102
52102
62090
Other information technology service activities

Officers

Mr Atul Surendra Bhakta

director · Since 22/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 26 other boards

Persons with Significant Control

One World Group Services Limited

75–100% shares

One World House, Pump Lane, Hayes, UB3 3NB

Reg: 09452898 · England & Wales · Private Limited Company

Notified 25/10/2017

Former PSCs

Mr Atul Surendra Bhakta

Ceased 25/10/2017

Charges4 outstanding

Charge
outstanding

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Charge
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Created 26/06/2015Registered 01/07/2015Satisfied 28/09/2020
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satisfied

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Created 06/06/2015Registered 16/06/2015Satisfied 28/09/2020
charge
outstanding

BARCLAYS BANK PLC

Created 05/11/2007Registered 13/11/2007
charge
outstanding

BARCLAYS BANK PLC

Created 25/06/2004Registered 07/07/2004
charge
satisfied

BROOKFORD (RETAIL) LIMITED

Created 30/10/2001Registered 01/11/2001Satisfied 15/01/2015

CompanyRankvs 15+ SIC 52102 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to the going concern accounting policy note in the financial statements, which indicates that the company is unable to continue as a going concern without the support o

Key FinancialsYear ending 31/12/2023

Turnover

£23.1M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£776k

Cash in the bank

Profit Before Tax

£231k

Bottom line earnings

Net Current Assets

£117k

Working capital

Current Assets

£3.6M

Current Liabilities

£3.4M

Fixed Assets

£2.6M

Debtors

£2.8M

Cost of Sales

£20.1M

Gross Profit

£2.9M

Admin Expenses

£3.2M

Operating Profit

£88k

Profit After Tax

£262k

47avg. employees+3

Tax at Year End

Corp tax£588

People Costs

Wages & salaries£1.5M
NI contributions£21k

Balance Sheet

Intangible assets£2.1M
Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.03+£262k
20220.84-£1.5M
20210.94

Derived from filed accounts. Not audited figures.