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Exchange4free Ltd

05150925

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)

Details

20 EASTBOURNE TERRACE, LONDON, W2 6LA
Incorporated 10/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Callum Douglas Spencer Dryden

director · Since 24/08/2021

CHIEF TECHNOLOGY OFFICER

BRITISH · ENGLAND · Age 40

Mr Adam Michel Gouveia

director · Since 24/08/2021

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 44

Also on 1 other board

Mr Muhammad Inuwa

director · Since 24/08/2021

CHIEF LEGAL AND COMPLIANCE OFFICER

NIGERIAN · NIGERIA · Age 43

Persons with Significant Control

Newurth S.A.

75–100% shares

5, Place De La Gare, Luxembourg, L-1616

Reg: B284753 · Luxembourg Business Register G.I.E · Public Limited Company

Notified 22/03/2024

Former PSCs

Mr Peter Claude Filmer

Ceased 24/08/2021

Mr Mark William Lawson

Ceased 24/08/2021

Btc Africa Sa

Ceased 22/03/2024

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 07/02/2007Registered 16/02/2007Satisfied 10/03/2021

CompanyRankvs 1395+ SIC 64999 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1395Exchange4free Ltd
81
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.

Employees15/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/12/2023

Turnover

£3.0M

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Profit Before Tax

-£5.2M

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£4.9M

Current Liabilities

£3.8M

Fixed Assets

£19k

Debtors

£713k

Cost of Sales

£1.2M

Gross Profit

£1.8M

Admin Expenses

£7.0M

Operating Profit

-£5.2M

43avg. employees-7

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20231.29-£5.2M
20224.61-£1.8M
20216.74+£3.3M
20211.58+£791k
20201.32+£1.3M
20191.22+£316k
20181.12—

Derived from filed accounts. Not audited figures.