Back to search

Ada Digital Health Ltd.

10201906

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

33 DUKE STREET, LONDON, W1U 1LH
Incorporated 26/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Daniel Nathrath

director · Since 26/05/2016

CHIEF EXECUTIVE OFFICER

GERMAN · GERMANY · Age 54

Ms Claire Novorol

director · Since 26/05/2016

CHIEF MEDICAL OFFICER

BRITISH · UNITED STATES · Age 47

Also on 1 other board

Charges1 outstanding

Charge
outstanding

IPF MANAGEMENT S.A.

Created 24/05/2023Registered 30/05/2023
Charge
satisfied

SILICON VALLEY BANK

Created 24/11/2019Registered 27/11/2019Satisfied 17/04/2023
Charge
satisfied

SILICON VALLEY BANK

Created 20/05/2019Registered 29/05/2019Satisfied 14/04/2023

CompanyRankvs 55260+ SIC 86900 peers
14

Financial strength19th percentile among SIC peers · 5/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Henry Smith And Hamylton (Opticians) Limited
90
2Moorhouse Opticians Limited
90
3F I Maguire Limited
90
4G Hill Limited
90
5Dipple & Conway (Norwich) Limited
90
6Hogarth Health Club Limited(The)
90
7Auckland (Opticians) Limited
90
8National Unplanned Pregnancy Advisory Service Limited
90
9Gastank Limited
90
10Heritage Manor Limited
90
55260Ada Digital Health Ltd.
34
How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 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.

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

on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006 : The auditor's report was unqualified but included a material uncertainty related to going concern as set out below; We draw attention to note 1.2 in the financial statements, which indicates that the company made a loss for the year ended 31 December 2019 and is in a net defic

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£209k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£432k

Current Liabilities

£1.6M

Fixed Assets

£45k

Debtors

£223k

0avg. employees-33

Balance Sheet

Assets less current liabilities-£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.27
20230.13
20210.35
20200.10

Derived from filed accounts. Not audited figures.