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Adage Credit

07306766

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

79 RIVERSIDE ROAD, SIDCUP, DA14 4PT
Incorporated 07/07/2010

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

63990
Other information service activities
64921
64921
64999
Other financial service activities

Officers

Mr Solomon Makululu Mela

director · Since 07/07/2010

DIRECTOR

BRITISH · ENGLAND

Also on 4 other boards

Miss Iris Sanda Manda

secretary · Since 01/04/2016

Mr Ben Adam Thuriaux-Aleman

director · Since 23/09/2026

BRITISH · ENGLAND

Persons with Significant Control

Mr Solomon Makululu Mela

Appoint directors
right-to-appoint-and-remove-directors-as-firm
Significant control

British · England

Notified 07/07/2016

CompanyRankvs 124+ SIC 63990 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2026

Net Worth

£264k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£187k

Working capital

Current Assets

£344k

Current Liabilities

£157k

Fixed Assets

£77k

Debtors

£322k

7avg. employees+2

Tax at Year End(2023)

Corp tax£42k

Balance Sheet

Intangible assets£43k
Assets less current liabilities£264k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.20+£55k
20251.81-£5k
20242.49-£206k
20232.10—

Derived from filed accounts. Not audited figures.