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Root Accountants Ltd

09112599

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SANDOWN HOUSE, WETHERBY, LS22 7DN
Incorporated 02/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Sumit Agarwal

director · Since 04/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 59 other boards

Persons with Significant Control

Pinksalt Partners Ltd

75–100% shares
75–100% votes

Dns House, 382 Kenton Road, Harrow, HA3 8DP

Reg: 12308988 · Companies House · Private Limited

Notified 04/11/2022

Former PSCs

Mrs Sonia Jane Reynolds

Ceased 04/11/2022

Mrs Lynn Bowes

Ceased 04/11/2022

CompanyRankvs 17156+ SIC 69201 peers
57

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Fixed Assets

£39k

3avg. employees-3

Director Loans(2022)

Company owes directors£20k
Signed by 2023-08-01

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£41k
2023+£14k
20221.86+£3k
20211.51+£8k
20202.02+£22k
20191.88

Derived from filed accounts. Not audited figures.