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Azation Limited

06020005

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

22 CAVENDISH AVENUE, LONDON, N3 3QN
Incorporated 06/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Martin David Gibson

director · Since 06/12/2006

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mrs Halina Gibson

director · Since 30/06/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Martin David Gibson

50–75% shares
50–75% votes
Appoint directors

British · England · Age 53

22, Cavendish Avenue, London, N3 3QN

Notified 28/04/2016

Former PSCs

Mr Paul Middlebrook

Ceased 28/02/2025

CompanyRankvs 5159+ SIC 62020 peers
84

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£221k

Balance sheet strength

Cash

£107k

Cash in the bank

Profit Before Tax

£139k

Bottom line earnings

Net Current Assets

£56k

Working capital

Current Assets

£135k

Current Liabilities

£78k

Fixed Assets

£165k

Debtors

£28k

5avg. employees

Tax at Year End

Corp tax£36k

Director Loans

Company owes directors£24k

Balance Sheet

Assets less current liabilities£221k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.72-£77k
20231.96+£157k
20201.37+£38k
20191.12-£12k
20181.04

Derived from filed accounts. Not audited figures.