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Genesi Development Ltd

09770985

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

22-24 ELY PLACE, LONDON, EC1N 6TE
Incorporated 10/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47799
Retail sale of second-hand goods in stores

Officers

Pb Secretarial Services Limited

secretary · Since 06/03/2024

BRITISH

Also on 83 other boards

Mr Alberto Bragho

director · Since 06/03/2024

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 81

Also on 3 other boards

Cosimo Preiato

director · Since 06/03/2024

DIRECTOR

ITALIAN · ITALY · Age 56

Persons with Significant Control

Service Together Ltd

75–100% shares
75–100% votes

Spaces, 12 Hammersmith Grove, London, W6 7AP

Reg: 09622246 · Companies House · Limited By Shares

Notified 15/03/2022

Former PSCs

Mrs Luigina Bucci

Ceased 06/04/2016

Mr Francesco Materazzo

Ceased 03/03/2017

CompanyRankvs 1962+ SIC 47799 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.63× · 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 strength1/25 pts

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

Employees2/15 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 30/09/2024

Net Worth

-£129k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£619k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.7M

Fixed Assets

£495k

0avg. employees

Balance Sheet

Assets less current liabilities-£124k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63-£25k
20230.65-£58k
202241.01-£5k
202141.76-£5k
202045.71-£15k
201945.68-£33k
201849.30

Derived from filed accounts. Not audited figures.