50five-(Uk) Limited
04169491
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/05/2024
COMPANY DIRECTOR
BELGIAN · BELGIUM · Age 52
Persons with Significant Control
50five B.V.
Luchthavenweg, 55c, Eindhoven, 5657 EA
Reg: 66605938 · Trade Register Of The Chamber Of Commerce · Corporate
Notified 12/12/2017
Former PSCs
Mr David Ashley Smith
Ceased 19/09/2017
Mr David Ashley Smith
Ceased 12/12/2017
Mrs Janet Smith
Ceased 12/12/2017
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 22345+ SIC 43220 peers35
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern The directors note that continued trading losses and a balance sheet deficit may cast significant doubt about the company's ability to continue as a going concern. However, the company's
Key FinancialsYear ending 31/12/2024
Net Worth
-£342k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
-£394k
Working capital
Current Assets
£94k
Current Liabilities
£487k
Fixed Assets
£52k
Debtors
£61k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.19 | +£176k |
| 2023 | 0.17 | -£595k |
| 2022 | 1.34 | -£366k |
| 2021 | 1.92 | — |
Derived from filed accounts. Not audited figures.