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Launchm Limited

09171087

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)
  • Negative net worth (-10)

Details

109 COLEMAN ROAD, LEICESTER, LE5 4LE
Incorporated 12/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Jitesh Patel

director · Since 12/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 37

Mrs Tanita Bhumika Patel

director · Since 25/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Jitesh Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

109 Coleman Road, Leicester, LE5 4LE

Notified 06/04/2016

Mrs Tanita Bhumika Patel

25–50% shares
25–50% votes

British · England · Age 37

109 Coleman Road, Leicester, LE5 4LE

Notified 25/04/2019

CompanyRankvs 55074+ SIC 86900 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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55074Launchm Limited
34
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.

Employees5/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£32k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£7k

Current Liabilities

£39k

Fixed Assets

£996

Debtors

£4k

1avg. employees

Tax at Year End

Corp tax£419

Director Loans

Company owes directors£38k

Balance Sheet

Assets less current liabilities-£32k
Signed by J Patel 27th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£2k
20230.10+£2k
20220.11—
20210.28—
20200.46—
20190.28—

Derived from filed accounts. Not audited figures.