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Usedful Limited

08227251

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 25/09/2012

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 21/12/2025

Due 04/01/2027

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Ioannis Stathis

director · Since 06/06/2013

COMPANY DIRECTOR

GREEK · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Ioannis Stathis

75–100% shares

Greek · United Kingdom · Age 56

32b, Mill Hill Road, London, W3 8JE

Notified 19/03/2026

Former PSCs

Mr Ioannis Stathis

Ceased 19/03/2026

Mr Ioannis Stathis

Ceased 16/12/2025

CompanyRankvs 226+ SIC 47430 peers
70

Financial strength64th percentile among SIC peers · 16/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.14× · 12/20
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 strength16/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/09/2024

Net Worth

£16k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£270k

Current Liabilities

£237k

Debtors

£136k

6avg. employees

Tax at Year End

VAT-£19k

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities£32k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.14+£40k
20230.98+£67k£1.6M
20220.71-£8k£153k
20210.93-£77k
20201.45-£17k
20190.79
20180.82

Derived from filed accounts. Not audited figures.