Upstream Mobile Commerce Limited
09873874
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
28/09/2026
Confirmation statement
Last: 31/10/2025
Due 14/11/2026
Industry
Officers
director · Since 09/07/2025
ENTREPRENEUR
BRITISH · UNITED KINGDOM · Age 57
Also on 5 other boards
Former
director · Resigned 26/01/2017
director · Resigned 08/01/2021
director · Resigned 16/02/2022
director · Resigned 11/10/2023
director · Resigned 14/11/2023
director · Resigned 31/07/2024
director · Resigned 09/07/2025
director · Resigned 09/07/2025
Persons with Significant Control
Mr Salim Joseph Khoury
British · United Kingdom · Age 57
109, Bickenhall Mansions, Bickenhall Street, London, W1U 6BT
Notified 09/07/2025
Former PSCs
Actis Gp Llp
Ceased 09/07/2025
Charges1 outstanding
NATIONAL BANK OF GREECE S.A.
HSBC BANK PLC
Change History
Active
Private Limited Company
3RD FLOOR
ALTRINCHAM
WA14 2DT
CompanyRankvs 583+ SIC 61900 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
its obligations and continue operations. Material Uncertainty Notwithstanding the share transfer transaction and the injection of subordinated funding by the new shareholder, the Company's going concern assessment is dependent on the Group's ability to successfully refinance the EIB debt obligations (approximately €9.38 million) that mature in January 2026, and the continued supp
Key FinancialsYear ending 31/12/2024
Turnover
£28.1M
Annual revenue
Net Worth
£6.6M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
-£1.8M
Bottom line earnings
Net Current Assets
£18.5M
Working capital
Current Assets
£23.9M
Current Liabilities
£5.4M
Fixed Assets
£2.3M
Debtors
£54k
Cost of Sales
£28.7M
Gross Profit
-£607k
Admin Expenses
£2.2M
Operating Profit
-£3.2M
Profit After Tax
-£2.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.41 | +£0 |
| 2024 | 4.41 | — |
Derived from filed accounts. Not audited figures.