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Thinksmart Innovation Ltd

09173348

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 13/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
70210
70210
73110
Advertising agencies

Officers

Mr Amardeep Singh Cheema

director · Since 13/08/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Baaz Group Ltd

75–100% shares

20-22, Wenlock Road, London, N1 7GU

Notified 06/04/2016

CompanyRankvs 15625+ SIC 62090 peers
66

Financial strength63th percentile among SIC peers · 16/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.02× · 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 strength16/25 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.

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 31/08/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£430k

Current Liabilities

£421k

2avg. employees

Tax at Year End(2022)

Corp tax£28k

Director Loans(2022)

Company owes directors£41k

Balance Sheet

Assets less current liabilities£8k
Signed by Mr Amardeep Singh Cheema 30 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.02+£2k
20231.02+£32k
20220.96-£52k
20211.06-£14k£69k
20201.13+£33k£69k
20191.04+£879£97k
20181.07

Derived from filed accounts. Not audited figures.