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Dipping Source Ltd

08065498

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 11/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
70229
Management consultancy activities

Officers

Mr Kirpal Bharaj

director · Since 11/05/2012

MEDIA PLANNER

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Kirpal Bharaj

25–50% shares
Appoint directors

British · United Kingdom · Age 45

20 - 22, Wenlock Road, London, N1 7GU

Notified 11/05/2017

Former PSCs

Mr Rajpal Bharaj

Ceased 24/04/2024

CompanyRankvs 2536+ SIC 46499 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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.

Longevity14/15 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 31/05/2025

Net Worth

-£73k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£2k

Current Liabilities

£75k

1avg. employees

Balance Sheet

Assets less current liabilities-£73k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£27k
20240.06-£9k
20230.14-£181k
20220.15+£166k
20210.28

Derived from filed accounts. Not audited figures.