System Loco Ltd
10374382
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/09/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 4 other boards
director · Since 01/12/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 3 other boards
director · Since 01/12/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Tagapp Ltd
Parkfield, Greaves Road, Lancaster, LA1 4TZ
Reg: 13313211 · Companies House · Private Limited Company
Notified 31/08/2022
Former PSCs
Dr Souroush Honary
Ceased 31/08/2022
Charges0 outstanding
CITYLINK GROUP LIMITED (CRN: 01682493)
CompanyRankvs 7960+ SIC 61200 peers60
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 30/09/2024
Net Worth
£697k
Balance sheet strength
Cash
£55k
Cash in the bank
Profit Before Tax
£103k
Bottom line earnings
Net Current Assets
-£1.3M
Working capital
Current Assets
£5.2M
Current Liabilities
£6.5M
Fixed Assets
£2.3M
Debtors
£4.2M
Admin Expenses
£4.2M
Profit After Tax
-£134k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.80 | -£134k |
| 2023 | 0.90 | +£266k |
| 2022 | 0.98 | +£77k |
| 2021 | 1.33 | +£191k |
| 2020 | 1.20 | +£128k |
| 2019 | 0.90 | — |
Derived from filed accounts. Not audited figures.