Teach Now Limited
06510512
Some Concerns
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
27/05/2027
Confirmation statement
Last: 04/03/2026
Due 18/03/2027
Industry
Officers
Former
director · Resigned 08/01/2016
director · Resigned 15/09/2017
secretary · Resigned 01/06/2018
Persons with Significant Control
Mr Joseph Michael Mccann
British · England · Age 44
42 Lytton Road, Barnet, EN5 5BY
Notified 06/04/2016
Mr Vinesh Varsani
British · England · Age 47
42 Lytton Road, Barnet, EN5 5BY
Notified 06/04/2016
Charges1 outstanding
HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE
LLOYDS TSB COMMERCIAL FINANCE LIMITED
Insolvency History1 case
Martin Henry Linton (practitioner) · Paul Adam Weber (practitioner)
Change History
Active
Private Limited Company
42 LYTTON ROAD
BARNET
CompanyRankvs 243+ SIC 85310 peers58
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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
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
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.22 | -£157k |
| 2024 | 1.19 | -£245 |
| 2023 | 1.18 | +£99k |
| 2022 | 1.46 | +£95k |
| 2021 | 1.62 | +£5k |
| 2020 | 1.98 | +£37k |
| 2019 | 2.70 | -£58k |
| 2018 | 2.91 | — |
Derived from filed accounts. Not audited figures.