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Twenty Four Six Constructions Limited

09045573

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

309 OLD STREET, LONDON, EC1V 9LA
Incorporated 19/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings
43290
Other construction installation
43999
Specialised construction activities

Officers

Mrs Sathiyabama Ramaloo

director · Since 19/05/2014

BUSINESS WOMAN

BRITISH · ENGLAND · Age 57

Also on 8 other boards

Persons with Significant Control

Mrs Sathiyabama Ramaloo

75–100% shares

British · England · Age 57

309, Old Street, London, EC1V 9LA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 17/12/2018Registered 17/12/2018

CompanyRankvs 67768+ SIC 41100 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.94× · 6/20
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.

Employees2/15 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.

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 31/05/2024

Net Worth

-£156k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.7M

Debtors

£1.6M

0avg. employees

Balance Sheet

Assets less current liabilities-£96k
Prepared with BTCSoftware AP Solution 2022 9.4.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£227k
2023-£52k
20221.10+£6k
20211.11-£37k
20201.07
20191.05
20181.07

Derived from filed accounts. Not audited figures.