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Project2k Ltd

04035516

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

414 KINGSLAND ROAD, LONDON, E8 4AA
Incorporated 18/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
63120
Web portals

Officers

Olanike Elufowoju

secretary · Since 18/07/2000

BUSINESS EXECUTIVE

BRITISH · Age 61

Also on 1 other board

Mr Oluwatoyin Elufowoju

director · Since 18/07/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Oluwatoyin Elufowoju

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 61

414, Kingsland Road, London, E8 4AA

Notified 01/07/2016

CompanyRankvs 38771+ SIC 62020 peers
60

Financial strength18th percentile among SIC peers · 5/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 16.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£73k

Current Liabilities

£4k

Fixed Assets

£3k

Profit After Tax

-£10k

1avg. employees-1

Tax at Year End(2024)

Corp tax£396

Balance Sheet

Assets less current liabilities£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202516.19
202417.29
202325.44
202262.33
202165.22
202093.58
201913.68

Derived from filed accounts. Not audited figures.