Launchpad Engine Ltd
07921574
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Motivation Group Ltd
Melville Building East, Royal William Yard, Plymouth, PL1 3RP
Reg: 10105398 · Companies House · Limited Company
Notified 06/04/2016
CompanyRankvs 8690+ SIC 58190 peers33
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£98k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£146k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£25k |
| 2024 | — | -£25k |
| 2023 | — | -£25k |
| 2022 | — | -£2k |
| 2021 | 0.11 | -£12k |
| 2020 | 0.05 | — |
| 2019 | NaN | — |
Derived from filed accounts. Not audited figures.