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News Update Limited

09835411

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LONDON ACCOUNTING GROUP LTD, LONDON, E5 9NA
Incorporated 21/10/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

25/07/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Moshe Freund

director · Since 21/10/2015

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Moshe Freund

75–100% shares

American · United Kingdom · Age 49

1, Forburg Road, London, N16 6HP

Notified 01/06/2016

CompanyRankvs 3086+ SIC 96090 peers
84

Financial strength92th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.85× · 20/20
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 strength23/25 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£209k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

£194k

Working capital

Current Assets

£234k

Current Liabilities

£40k

Fixed Assets

£16k

Debtors

£142k

12avg. employees

Tax at Year End(2024)

Corp tax£14k
VAT£20k

Balance Sheet

Assets less current liabilities£209k
Signed by Mr Moshe Freund 09/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.85+£24k—
20246.88+£54k£390k
20235.08——

Derived from filed accounts. Not audited figures.