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Pelican Exchange Limited

09437275

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

78 YORK STREET, LONDON, W1H 1DP
Incorporated 12/02/2015

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

73110
Advertising agencies

Officers

Mr Michael Alexander Leonard Read

director · Since 12/02/2015

ANALYST

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Peter Ellery Bruce Read

director · Since 12/02/2015

MANAGEMENT

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Peter Ellery Bruce Read

Ceased 09/03/2022

Mr Michael Alexander Leonard Read

Ceased 09/03/2022

CompanyRankvs 4910+ SIC 73110 peers
71

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 28/02/2021

Net Worth

£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£190k

Current Liabilities

£212k

Fixed Assets

£1.2M

4avg. employees-2

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20210.89+£164k
20200.20-£82k
20190.89

Derived from filed accounts. Not audited figures.