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Chg1 Limited

08445653

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KINGS HOUSE, 3RD FLOOR, HARROW, HA1 1PT
Incorporated 14/03/2013

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr David John Power

director · Since 14/03/2013

ACCOUNTANT

IRISH · UNITED KINGDOM · Age 55

Also on 15 other boards

Mr Rakesh Faldu

director · Since 15/06/2020

IT DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Mrs Gabriela Durai

director · Since 16/01/2026

BRITISH · ENGLAND · Age 42

Mr Bhavin Ruparelia

director · Since 16/01/2026

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr David John Power

75–100% shares
75–100% votes

Irish · United Kingdom · Age 55

Kings House, 3rd Floor, Kymberley Road, Harrow, HA1 1PT

Notified 14/03/2017

Former PSCs

Ms Catherine Johanna Davey

Ceased 14/03/2020

CompanyRankvs 2178+ SIC 74909 peers
73

Financial strength100th percentile among SIC peers · 25/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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

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

in associates recognition and measurement of deferred taxation Management considers these judgements to be reasonable and appropriate based on information available at the reporting date. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£9.7M

Balance sheet strength

Cash

£6.1M

Cash in the bank

Net Current Assets

£8.1M

Working capital

Current Assets

£13.0M

Current Liabilities

£5.0M

Fixed Assets

£1.9M

Debtors

£3.5M

2avg. employees

Balance Sheet

Assets less current liabilities£10.0M
Signed by Mr David Power 12/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.63+£2.4M
20242.02+£1.9M
20231.48+£1.8M
20221.23+£1.6M
20211.01+£57k
20201.01-£3.4M
2019764.79

Derived from filed accounts. Not audited figures.