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The Net Worth Academy Ltd

09950319

active
ltd
england wales
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

85 Great Portland Street, London, W1W 7LT
Incorporated 13/01/2016

Previously known as

Debtfree Living Ltd · until 30/08/2016

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

85590
Other education

Officers

Mrs Violet Karamagi

director · Since 13/01/2016

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Violet Karamagi

director · Since 13/01/2016

British · United Kingdom · Age 48

Former

Emmanuel Grace Karamagi

director · Resigned 20/01/2025

Persons with Significant Control

Mrs Violet Karamagi

75–100% shares

British · United Kingdom · Age 48

85, Great Portland Street, London, W1W 7LT

Notified 06/04/2016

Change History

statusactive
2026-06-15

Active

typeltd
2026-06-15

Private Limited Company

address line185 Great Portland Street
2026-06-15

85 GREAT PORTLAND STREET

post townLondon
2026-06-15

LONDON

officer appointedKARAMAGI, Violet
2026-06-15

CompanyRankvs 24125+ SIC 85590 peers
38

Financial strength14th percentile among SIC peers · 4/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees7/15 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.

Longevity10/15 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 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£3k

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£201
2023-£187
20220.51-£652
20210.62
20201.20
20190.56
20180.57

Derived from filed accounts. Not audited figures.