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Debate International Limited

04192488

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

1ST FLOOR, WATFORD, WD17 1AP
Incorporated 02/04/2001

Compliance

Last accounts

30/09/2023

unaudited abridged

Next accounts due

30/06/2025

Overdue

Confirmation statement

Last: 02/04/2023

Due 16/04/2024

Overdue

Industry

46410
Wholesale of textiles

Officers

Mr Ian David Johnson

director · Since 31/07/2019

CONSULTANT

AUSTRALIAN · ENGLAND · Age 61

Also on 4 other boards

Persons with Significant Control

Aristocrat Fashion Limited

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

Elizabeth House, 8th Floor, Edgware, HA8 7TT

Reg: 11948795 · Companies House · Limited Company

Notified 31/07/2019

Former PSCs

Mr Robert Stephen Posel

Ceased 31/07/2019

Mrs Pamela Posel

Ceased 31/07/2019

Charges1 outstanding

Charge
satisfied

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 31/07/2019Registered 01/08/2019Satisfied 08/07/2022
Charge
outstanding

ROBERT STEPHEN POSEL AND PAMELA POSEL

Created 31/07/2019Registered 31/07/2019

Insolvency History1 case

creditors voluntary liquidation17/04/2024

Nicholas Simmonds (practitioner) · Christopher Newell (practitioner)

CompanyRankvs 15+ SIC 46410 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees0/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2023

Net Worth

£2.4M

Balance sheet strength

Cash

£309k

Cash in the bank

Net Current Assets

-£268k

Working capital

Current Assets

£700k

Current Liabilities

£968k

Fixed Assets

£2.8M

Debtors

£391k

4avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Signed by 2023-01-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.72

Derived from filed accounts. Not audited figures.