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Accelerate Places Ltd

08113642

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SCALE SPACE, LONDON, W12 7RZ
Incorporated 21/06/2012

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Manoj Kumar Badale

director · Since 21/06/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 44 other boards

Mr Charles Stuart Mindenhall

director · Since 21/06/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 39 other boards

Persons with Significant Control

Blenheim Chalcot Ltf Limited

75–100% shares
75–100% votes
Appoint directors

Scale Space, 58 Wood Lane, London, W12 7RZ

Reg: 05064255 · Companies House · Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SCALE SPACE LLP

Created 03/06/2021Registered 04/06/2021
Charge
outstanding

SCALE SPACE LLP

Created 05/06/2020Registered 15/06/2020

CompanyRankvs 1104830+ SIC 82990 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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110483Accelerate Places Ltd
46
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

investment companies, that they do not intent to recall the amount due to them within 12 months of signing these financial statements where this will affect the company's ability to continue as a going concern. The directors have been in discussions with the shareholders who also confirm it is their intention to continue to support the additional financing requirements and will provide additio

Key FinancialsYear ending 31/03/2025

Net Worth

-£6.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£8.7M

Working capital

Current Assets

£7.1M

Current Liabilities

£15.8M

Fixed Assets

£2.3M

Debtors

£6.0M

25avg. employees-2

Balance Sheet

Assets less current liabilities-£6.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45-£2.4M
20220.47+£4.9M
20210.21-£1.3M
20200.27—

Derived from filed accounts. Not audited figures.