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Localistico Ltd

09121600

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

TINTAGEL HOUSE, LONDON, SE1 7TY
Incorporated 08/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Ricardo Varela

director · Since 08/07/2014

IT CONSULTANT

SPANISH · ENGLAND · Age 46

Mr William Malachy Mcquillan

director · Since 13/12/2019

INVESTOR

IRISH · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

Mr Ricardo Varela

50–75% shares
50–75% votes

Spanish · England · Age 46

20, Air Street, London, W1B 5AN

Notified 06/04/2016

CompanyRankvs 79270+ SIC 62090 peers
75

Financial strength92th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.32× · 12/20
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 strength23/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/07/2025

Net Worth

£272k

Balance sheet strength

Cash

£396k

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£1.0M

Current Liabilities

£793k

Fixed Assets

£15k

Debtors

£654k

4avg. employees-1

Balance Sheet

Assets less current liabilities£272k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32+£472k
20240.72-£133k
20230.89+£235k
20220.68-£318k
20210.99-£195k
20201.34-£390k
20192.35

Derived from filed accounts. Not audited figures.