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Adapt Funding Limited

08972079

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

7 LYNNE WALK, ESHER, KT10 9DZ
Incorporated 02/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Jordan Alex Mcbriar

director · Since 02/04/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Persons with Significant Control

Mr Jordan Alex Mcbriar

75–100% shares

British · England · Age 34

7, Lynne Walk, Esher, KT10 9DZ

Notified 30/06/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/05/2020Registered 21/05/2020

CompanyRankvs 17728+ SIC 64999 peers
26

Financial strength2th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees6/15 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.

Longevity12/15 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 31/08/2024

Net Worth

-£156k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£101k

Working capital

Current Assets

£31k

Current Liabilities

£132k

Fixed Assets

£700

1avg. employees-1

Balance Sheet

Assets less current liabilities-£100k
Signed by 08972079 2023-09-01 2024-08-31 08972079 2024-08-31 08972079 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£16k
20230.06-£144k
20211.89+£8k
20202.65-£211k
20193.91+£34k
20183.57

Derived from filed accounts. Not audited figures.