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Mondale Tower Trust Ltd

04150574

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

46 OLINDA ROAD, LONDON, N16 6TL
Incorporated 30/01/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Joseph Lipschitz

director · Since 30/01/2001

DIRECTOR

BRITISH · ENGLAND · Age 76

Judith Lipschitz

secretary · Since 21/07/2010

BRITISH

Persons with Significant Control

Mr Joseph Lipschitz

Significant control

British · England · Age 76

46, Olinda Road, London, N16 6TL

Notified 01/01/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 21/06/2004Registered 22/06/2004Satisfied 19/07/2016

CompanyRankvs 8687+ SIC 96090 peers
66

Financial strength94th percentile among SIC peers · 24/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 235.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8687Mondale Tower Trust Ltd
76
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.

Employees2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

in connection with administration of the charity and compliance with constitutional and statutory requirements. Taxation The charity is exempt from corporation tax on its charitable activities. Going concern There are no material uncertainties about the charity's ability to continue. Page 6 MONDALE TOWER TRUST LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024 2. INV

Key FinancialsYear ending 31/07/2024

Net Worth

£296k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£296k

Working capital

Current Assets

£297k

Current Liabilities

£1k

Debtors

£293k

0avg. employees

Balance Sheet

Assets less current liabilities£296k
Interest receivable£16k
Signed by J LipschitzPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024235.76-£34k
2023262.84-£14k
2022273.65-£22k
2021—-£586
2020—+£687
2019—-£2k
2018306.87—

Derived from filed accounts. Not audited figures.