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Accurate Commerce Ltd

09813304

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)
  • Negative net worth (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 07/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Moray James Ballantine Finlayson

director · Since 07/10/2015

WEB MANAGER

BRITISH · BRITAIN · Age 53

Persons with Significant Control

Melanie Finlayson

25–50% shares
25–50% votes

British · Scotland · Age 50

20-22, Wenlock Road, London, N1 7GU

Notified 06/04/2016

Mr Moray James Ballantine Finlayson

50–75% shares
50–75% votes
Appoint directors

British · Scotland · Age 53

20-22, Wenlock Road, London, N1 7GU

Notified 07/10/2016

CompanyRankvs 90710+ SIC 62020 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength2/25 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.

Liquidity2/20 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 31/10/2024

Net Worth

-£15k

Balance sheet strength

Cash

£561

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£561

Current Liabilities

£15k

Fixed Assets

£0

Debtors

£0

1avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£3k
20230.33-£7k
20221.49
20212.25

Derived from filed accounts. Not audited figures.