London Atlantic Ltd
09250353
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/10/2014
CEO
BRITISH · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Joey Charles Cottle
British · England · Age 35
44, Lower Road, Uxbridge, UB9 5EB
Notified 01/10/2016
CompanyRankvs 80524+ SIC 96090 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The directors consider the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant dou
Key FinancialsYear ending 31/10/2025
Net Worth
-£49k
Balance sheet strength
Cash
£654
Cash in the bank
Net Current Assets
-£34k
Working capital
Current Assets
£11k
Current Liabilities
£45k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.24 | -£11k |
| 2024 | 0.51 | +£5k |
| 2023 | 0.18 | — |
Derived from filed accounts. Not audited figures.