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5letters Ltd

10202651

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

DEMSA ACCOUNTS 565 GREEN LANES, LONDON, N8 0RL
Incorporated 27/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Sinan Acikal

director · Since 27/05/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Sinan Acikal

75–100% shares

British · England · Age 37

Flat 17 Curtis House, 14a Unity Lane, Hounslow, TW3 1EX

Notified 28/07/2016

CompanyRankvs 54557+ SIC 62020 peers
54

Financial strength89th percentile among SIC peers · 22/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio -0.53× · 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 strength22/25 pts

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

Employees5/15 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 31/05/2025

Net Worth

£126k

Balance sheet strength

Cash

£179

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£43k

Current Liabilities

-£81k

Fixed Assets

£2k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53+£0
20250.53-£1k
2024698.68+£13k
20236.09+£909
20225.34+£35k
20216.81—

Derived from filed accounts. Not audited figures.