Edcan Ltd
10158141
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Chee Ho Yu
British · United Kingdom · Age 51
71-75, Shelton Street, London, WC2H 9JQ
Notified 01/05/2016
CompanyRankvs 30200+ SIC 47910 peers40
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other
Key FinancialsYear ending 31/03/2025
Net Worth
-£114k
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£299k
Current Liabilities
£285k
Fixed Assets
£2k
Debtors
£22k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.05 | +£25k |
| 2024 | 0.99 | -£64k |
| 2023 | 1.43 | -£133k |
| 2022 | 1.27 | +£43k |
| 2021 | 1.08 | — |
Derived from filed accounts. Not audited figures.