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Alterno Wealth Limited

09454940

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

32 DEMONTFORT STREET, LEICESTER, LE1 7GD
Incorporated 24/02/2015

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 24/02/2026

Due 10/03/2027

On track

Industry

66190
Other activities auxiliary to financial services
66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Chirag Bhailal Devani

director · Since 24/02/2015

FINANCIAL ADVISOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Chirag Bhailal Devani

75–100% shares
75–100% votes
Appoint directors

British · England · Age 40

2 Squirrel Close, Narborough, Leicester, LE19 3WF

Notified 01/07/2016

Charges1 outstanding

Charge
satisfied

BCRS CIEF LIMITED

Created 20/09/2019Registered 26/09/2019Satisfied 24/07/2024
Charge
outstanding

ART SHARE (SOCIAL HELP ASSOCIATION FOR REINVESTING IN ENTERPRISE) LIMITED

Created 09/09/2019Registered 10/09/2019
Charge
satisfied

MERCHANT MONEY LIMITED

Created 09/05/2019Registered 10/05/2019Satisfied 04/06/2020

CompanyRankvs 5267+ SIC 66190 peers
19

Financial strength2th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees6/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

-£252k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£205k

Working capital

Current Assets

£349k

Current Liabilities

£555k

Fixed Assets

£97k

Debtors

£300k

1avg. employees

Tax at Year End(2022)

Corp tax£127k

Balance Sheet

Assets less current liabilities-£109k
Signed by Mr Chirag Devani 2 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.63+£0
20250.63+£0
20240.63-£270k
20231.43-£5k
20221.54+£4k
20211.52+£4k
20201.82-£125k
20193.49

Derived from filed accounts. Not audited figures.