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Generix Associates Limited

08213111

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

15-17 UPPER GEORGE STREET, LUTON, LU1 2RD
Incorporated 13/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Olufemi Tobi Akinyemi

director · Since 08/12/2023

DIRECTOR

NIGERIAN · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Microflex Limited

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

15-17, Upper George Street, Luton, LU1 2RD

Reg: 14776476 · Uk Register Of Companies · Private Limited Company

Notified 10/06/2024

Former PSCs

Mrs Olufunke Abimbola Onamusi

Ceased 15/01/2026

CompanyRankvs 94377+ SIC 82990 peers
47

Financial strength3th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.26× · 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.

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.

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

Key FinancialsYear ending 08/12/2024

Net Worth

-£102k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£172k

Working capital

Current Assets

£61k

Current Liabilities

£233k

Fixed Assets

£80k

Debtors

£58k

30avg. employees

Balance Sheet

Assets less current liabilities-£91k
Signed by 2023-12-09Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£176k
20231.61+£35k
20221.17-£24k
20210.77
20200.18
20191.42+£47k
20180.44

Derived from filed accounts. Not audited figures.