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50000 Leagues Limited

10244560

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

22 FRIARS STREET, SUDBURY, CO10 2AA
Incorporated 21/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Gavin Charles Shackell

director · Since 21/06/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Gavin Charles Shackell

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 58

22, Friars Street, Sudbury, CO10 2AA

Notified 21/06/2016

Former PSCs

Mr Jon Link

Ceased 03/11/2020

Ewen James Cameron

Ceased 03/11/2020

Mr William George Ashton Moore

Ceased 03/11/2020

CompanyRankvs 464610+ SIC 62012 peers
35

Financial strength8th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.42× · 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 strength2/25 pts

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

Employees6/15 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 30/06/2024

Net Worth

-£33k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£9k

Current Liabilities

£22k

Debtors

£174

1avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£20k
20230.78-£8k
20221.87

Derived from filed accounts. Not audited figures.