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Commendium Limited

04116428

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)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

QUEEN STREET OFFICES, PENRITH, CA11 7XF
Incorporated 29/11/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
59120
Motion picture, video and television programme post-production activities
62030
Computer facilities management activities

Officers

Mr Richard Walters Bsc

director · Since 29/11/2000

IT CONSULTANT

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Richard Walters

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

British · England · Age 64

Queen Street Offices, Queen Street, Penrith, CA11 7XF

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/12/2005Registered 13/12/2005

CompanyRankvs 20611+ SIC 43290 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength0/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 29/09/2024

Net Worth

-£242k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£216k

Working capital

Current Assets

£26k

Current Liabilities

£242k

Fixed Assets

£4k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£212k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£35k
20230.04+£38k
20220.01-£41k
20210.18+£95k
20200.08-£76k
20190.03-£81k
20180.19

Derived from filed accounts. Not audited figures.