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Transformex Ltd

09547901

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)
  • Current liabilities exceed current assets (-10)

Details

1 DOUGHTY STREET, LONDON, WC1N 2PH
Incorporated 17/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products
21200
Manufacture of pharmaceutical preparations
46750
Wholesale of chemical products

Officers

Mr Sameer Bajaj

director · Since 17/06/2019

DIRECTOR

INDIAN · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Sameer Bajaj

Significant control

Indian · United Kingdom · Age 55

2, Milton Mansions, West Kensington, London, W14 9RP

Notified 06/04/2018

Former PSCs

Mr Dynshaw Fareed Italia

Ceased 01/01/2020

CompanyRankvs 510+ SIC 20590 peers
52

Financial strength59th percentile among SIC peers · 15/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.7× · 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 strength15/25 pts

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

Employees5/15 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 31/12/2024

Net Worth

£78k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£151k

Working capital

Current Assets

£349k

Current Liabilities

£500k

Fixed Assets

£262k

Debtors

£349k

0avg. employees

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities£111k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70+£6k
20230.73-£20k
20220.50-£4k
20210.60

Derived from filed accounts. Not audited figures.