15below Limited
03945289
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/05/2000
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
director · Since 28/02/2024
GROUP CFO
IRISH · ENGLAND · Age 54
Also on 4 other boards
Persons with Significant Control
15below Holdings Limited
Lyndean House, 43-46 Queens Road, Brighton, BN1 3XB
Reg: 11506032 · Companies House · Limited Company
Notified 09/09/2020
Former PSCs
Mr John Clynes
Ceased 24/08/2020
Mr Ruslan Anthony Holte Evans
Ceased 24/08/2020
Mr Nicholas Key
Ceased 24/08/2020
15below Investments Limited
Ceased 09/09/2020
Charges2 outstanding
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
HSBC UK BANK PLC
HSBC BANK PLC
ZURICH ASSURANCE LTD
CompanyRankvs 156+ SIC 62020 peers70
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Net Worth
£6.7M
Balance sheet strength
Cash
£5.7M
Cash in the bank
Profit Before Tax
£4.3M
Bottom line earnings
Net Current Assets
£6.6M
Working capital
Current Assets
£10.9M
Current Liabilities
£4.3M
Fixed Assets
£99k
Debtors
£5.2M
Cost of Sales
£6.9M
Admin Expenses
£5.2M
Profit After Tax
£3.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.56 | +£3.1M |
| 2022 | 2.05 | +£3.0M |
| 2018 | 1.23 | +£48k |
Derived from filed accounts. Not audited figures.