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Teach Now Limited

06510512

active
ltd
england wales
Companies House
Insolvency history
Health Score
68 / 100

Some Concerns

30/30
Filing
20/30
Financial
18/40
Risk
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

42 Lytton Road, Barnet, EN5 5BY
Incorporated 20/02/2008

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

27/05/2027

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

85310
General secondary education

Officers

Vinesh Varsani

director · Since 20/02/2008

British · England · Age 47

Joseph Michael Mccann

director · Since 01/06/2015

British · England · Age 44

Former

Sanjay Lathar

director · Resigned 08/01/2016

Anthony Michael Finnegan

director · Resigned 15/09/2017

Bhupen Mehta

secretary · Resigned 01/06/2018

Persons with Significant Control

Mr Joseph Michael Mccann

50–75% shares
50–75% votes

British · England · Age 44

42 Lytton Road, Barnet, EN5 5BY

Notified 06/04/2016

Mr Vinesh Varsani

25–50% shares
25–50% votes

British · England · Age 47

42 Lytton Road, Barnet, EN5 5BY

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE

Created 17/05/2012Registered 02/06/2012
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 23/03/2011Registered 29/03/2011Satisfied 02/11/2012

Insolvency History1 case

corporate voluntary arrangement

Martin Henry Linton (practitioner) · Paul Adam Weber (practitioner)

Change History

officer appointedMCCANN, Joseph Michael
2026-06-05
officer appointedVARSANI, Vinesh
2026-06-05
statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line142 Lytton Road
2026-06-05

42 LYTTON ROAD

post townBarnet
2026-06-05

BARNET

CompanyRankvs 243+ SIC 85310 peers
58

Financial strength88th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.22× · 12/20
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 strength22/25 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.

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.

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 31/08/2025

Net Worth

£141k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£407k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.9M

Fixed Assets

£28k

Debtors

£2.2M

18avg. employees-3

Tax at Year End(2024)

Corp tax£98k

Balance Sheet

Assets less current liabilities£435k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.22-£157k
20241.19-£245
20231.18+£99k
20221.46+£95k
20211.62+£5k
20201.98+£37k
20192.70-£58k
20182.91

Derived from filed accounts. Not audited figures.