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Unit London Ltd

09235339

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 HANOVER SQUARE, LONDON, W1S 1HD
Incorporated 25/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Jonathan David Gerald Burt

director · Since 25/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 4 other boards

Mr Joseph James Edward Kennedy

director · Since 25/09/2014

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Jonathan David Gerald Burt

25–50% shares

British · United Kingdom · Age 36

3, Hanover Square, London, W1S 1HD

Notified 01/12/2023

Mr Joseph James Edward Kennedy

25–50% shares

British · United Kingdom · Age 36

3, Hanover Square, London, W1S 1HD

Notified 01/12/2023

Former PSCs

Mr Joseph Kennedy

Ceased 01/06/2021

J&J Group Holdings Ltd

Ceased 01/12/2023

CompanyRankvs 256+ SIC 47781 peers
63

Financial strength42th percentile among SIC peers · 11/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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256Unit London Ltd
72
How is this score calculated?
Financial strength11/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£441k

Cash in the bank

Profit Before Tax

-£1.4M

Bottom line earnings

Net Current Assets

£3.1M

Working capital

Current Assets

£5.7M

Current Liabilities

£2.7M

Fixed Assets

£424k

Debtors

£3.0M

Admin Expenses

£3.4M

Profit After Tax

-£1.1M

24avg. employees-3

Tax at Year End

Corp tax£392k
Dividends paid£31k

People Costs(2023)

Wages & salaries£1.8M

Balance Sheet

Assets less current liabilities£3.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.15—
20232.21—
20221.89—
20211.43+£731k
20201.61+£136k
20192.04+£644k
20181.66—

Derived from filed accounts. Not audited figures.