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Currentspace Ltd

08589946

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 35 14-16 VERNEY ROAD, LONDON, SE16 3DH
Incorporated 28/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Sunil Kumar Muppala

director · Since 28/06/2013

SELF EMPLOYED

INDIAN · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Sunil Kumar Muppala

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

Indian · England · Age 39

Unit 35, 14-16 Verney Road, London, SE16 3DH

Notified 22/03/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 18/07/2017Registered 25/07/2017

CompanyRankvs 1448+ SIC 56101 peers
69

Financial strength90th percentile among SIC peers · 23/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.6× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1448Currentspace Ltd
78
How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£153k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£287k

Current Liabilities

£51k

Fixed Assets

£34k

6avg. employees-3

People Costs(2024)

Wages & salaries£93k

Balance Sheet

Assets less current liabilities£270k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20255.60+£2k
20245.84+£834
20237.23-£46k
202217.67+£6k
20213.97+£20k
202058.68-£17k
20192915.40—

Derived from filed accounts. Not audited figures.