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Condense Limited

06679045

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2A BEROL HOUSE, LONDON, N17 9LJ
Incorporated 21/08/2008

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 21/08/2025

Due 04/09/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr James Michael

director · Since 21/08/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 15 other boards

Persons with Significant Control

Conciliate Ltd

75–100% shares

Unit 2a, Berol House, London, N17 9LJ

Reg: 06383096 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 28/12/2011Registered 06/01/2012
charge
outstanding

BARCLAYS BANK PLC

Created 28/12/2011Registered 06/01/2012

CompanyRankvs 60049+ SIC 68209 peers
51

Financial strength78th percentile among SIC peers · 20/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

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

Liquidity2/20 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

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

£105k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£215k

Working capital

Current Assets

£127k

Current Liabilities

£342k

Fixed Assets

£320k

1avg. employees

Balance Sheet

Assets less current liabilities£105k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£5k
20240.36+£15k
20230.32

Derived from filed accounts. Not audited figures.