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Fourth Generation Limited

05055540

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2ND FLOOR UNICORN HOUSE, POTTERS BAR, EN6 1TL
Incorporated 25/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77291
Renting and leasing of media entertainment equipment
77390
Renting and leasing of other machinery, equipment and tangible goods
82990
Other business support service activities
90020
Support activities to performing arts

Officers

Mr Gregory Scott Landa

director · Since 18/01/2024

CEO

AMERICAN · UNITED STATES · Age 57

Also on 3 other boards

Mr Alexander Rich

director · Since 12/07/2024

FINANCIAL EXECUTIVE

AMERICAN · UNITED STATES · Age 34

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mrs. Laura Hurlocker

Ceased 18/01/2024

Mr. Robert Anthony Hurlocker

Ceased 18/01/2024

Charges2 outstanding

Charge
outstanding

JPMORGAN CHASE BANK, N.A.

Created 15/11/2024Registered 22/11/2024
Charge
outstanding

JPMORGAN CHASE BANK, N.A. AS ADMINISTRATIVE AGENT AND SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 06/03/2024Registered 14/03/2024

CompanyRankvs 254+ SIC 77291 peers
60

Financial strength85th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength21/25 pts

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

Employees13/15 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

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

Key FinancialsYear ending 31/12/2023

Net Worth

£111k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£198k

Current Liabilities

£204k

Fixed Assets

£149k

Debtors

£189k

3avg. employees

Tax at Year End

Corp tax£148k

Balance Sheet

Assets less current liabilities£142k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.97-£147k
20221.49+£172k
20210.93+£197k
20200.61-£138k
20190.52-£224k
20180.75

Derived from filed accounts. Not audited figures.