Factor Law Holdings Ltd
06125089
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/02/2020
CHIEF EXECUTIVE OFFICER
AMERICAN · UNITED STATES · Age 40
Also on 1 other board
Persons with Significant Control
Former PSCs
Axiom Global Inc
Ceased 11/02/2019
Factor Law Inc
Ceased 11/02/2019
Charges1 outstanding
MERTICAPE LIMITED
CompanyRankvs 193800+ SIC 74909 peers48
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g
Key FinancialsYear ending 31/12/2024
Net Worth
£5.8M
Balance sheet strength
Cash
£106k
Cash in the bank
Profit Before Tax
£205k
Bottom line earnings
Net Current Assets
-£52k
Working capital
Current Assets
—
Current Liabilities
£52k
Fixed Assets
£62k
Debtors
£8.5M
Cost of Sales
£12.4M
Admin Expenses
£8.5M
Profit After Tax
£51k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£5.9M |
| 2023 | 0.78 | — |
Derived from filed accounts. Not audited figures.