Condense Limited
06679045
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/08/2008
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 15 other boards
Persons with Significant Control
Conciliate Ltd
Unit 2a, Berol House, London, N17 9LJ
Reg: 06383096 · England & Wales · Limited Company
Notified 06/04/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 59801+ SIC 68209 peers51
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£100k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£220k
Working capital
Current Assets
£123k
Current Liabilities
£343k
Fixed Assets
£320k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.36 | +£15k |
| 2023 | 0.32 | +£13k |
| 2022 | 0.28 | +£7k |
| 2021 | 0.57 | -£41k |
| 2020 | 0.06 | +£11k |
| 2019 | 0.06 | +£14k |
| 2018 | 0.69 | — |
Derived from filed accounts. Not audited figures.