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Generix Associates Limited

08213111

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)
  • Going concern doubt noted in accounts (-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 89271+ SIC 82990 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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89271Generix Associates Limited
47
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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 08/12/2025

Net Worth

-£284k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£365k

Working capital

Current Assets

£59k

Current Liabilities

£424k

Fixed Assets

£110k

Debtors

£56k

31avg. employees+1

Balance Sheet

Assets less current liabilities-£255k
Signed by Mr O Akinyemi,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£183k
20240.26-£176k
20231.61—

Derived from filed accounts. Not audited figures.