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Jaja Finance Ltd

09797750

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 28/09/2015

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

Industry

62012
Business and domestic software development
64921
64921

Officers

Adrian Stuart Rushton

director · Since 31/03/2022

SOLICITOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Adrian Stuart Rushton

secretary · Since 31/03/2022

Also on 1 other board

Mr Francesco Di Costanzo

director · Since 25/10/2024

DIRECTOR

ITALIAN,BRITISH · GERMANY · Age 39

Also on 2 other boards

Persons with Significant Control

Jaja Finance Holding (Uk) Limited

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

3 Valentine Place, Valentine Place, London, SE1 8QH

Reg: 11990299 · Companies House · Limited By Shares

Notified 27/06/2019

Former PSCs

Mr Jostein Svendsen

Ceased 07/03/2017

Mr Per Oivind Elvebakk

Ceased 07/03/2017

Mr Kyrre Riksen

Ceased 07/03/2017

Charges0 outstanding

Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS AGENT AND TRUSTEE FOR THE SECURED PARTIES

Created 01/11/2021Registered 05/11/2021Satisfied 22/04/2022
Charge
satisfied

CLOVER JFL LIMITED AS SECURITY AGENT

Created 28/07/2021Registered 02/08/2021Satisfied 16/12/2025
Charge
satisfied

SHAMROCK SPV LIMITED

Created 10/05/2019Registered 14/05/2019Satisfied 18/07/2019

CompanyRankvs 1298+ SIC 62012 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 pts

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

Liquidity20/20 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

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements , which indicates that Company's ability to continue as a going concern is reliant on the completion of a £120m subscription agreement by i

Key FinancialsYear ending 31/12/2021

Turnover

£12.8M

Annual revenue

Net Worth

£9.8M

Balance sheet strength

Cash

£5.6M

Cash in the bank

Profit Before Tax

-£17.9M

Bottom line earnings

Net Current Assets

£4.9M

Working capital

Current Assets

£9.3M

Current Liabilities

£4.4M

Fixed Assets

£5.0M

Debtors

£3.7M

Cost of Sales

£14.2M

Gross Profit

-£1.4M

Admin Expenses

£16.8M

Operating Profit

-£17.9M

Profit After Tax

-£17.3M

55avg. employees

People Costs

Wages & salaries£8.0M
NI contributions£954k

Balance Sheet

Intangible assets£4.8M
Assets less current liabilities£9.9M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20212.13+£9.8M
20181.31

Derived from filed accounts. Not audited figures.