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Project 114 Ltd

08393901

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

C/O ASHFIELD ACCOUNTANCY, WOKING, GU21 5AJ
Incorporated 07/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Lincoln William Mark Summers

director · Since 07/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Tanveer Ahmed Karim

director · Since 01/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Lincoln Summers

25–50% votes
Appoint directors

British · United Kingdom · Age 62

C/O Ashfield Accountancy, First Floor, Woking, GU21 5AJ

Notified 06/04/2016

Mr Tanveer Ahmed Karim

25–50% votes
Appoint directors

British · England · Age 53

C/O Ashfield Accountancy, First Floor 33 Chertsey Rd, Woking, GU21 5AJ

Notified 01/03/2020

Former PSCs

Ms Judith Robyn Matthews

Ceased 01/03/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/06/2017Registered 16/06/2017

CompanyRankvs 3703+ SIC 55900 peers
48

Financial strength39th percentile among SIC peers · 10/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3703Project 114 Ltd
54
How is this score calculated?
Financial strength10/25 pts

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

Employees14/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£54

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£79k

Current Liabilities

£122k

Fixed Assets

£43k

7avg. employees-1

Balance Sheet

Assets less current liabilities£54
Signed by Mr L Summers 23 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65—
20241.08-£44k
20231.03-£1k
20220.95-£7k
20210.72+£64k
20200.64+£39k
20190.05—

Derived from filed accounts. Not audited figures.