Madison Projectco 1 Limited
10425540
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/05/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 10 other boards
Persons with Significant Control
Madison (Midco) Limited
Fourth Floor, 1-3 Portland Place, London, W1B 1PN
Reg: 14159265 · Companies House · Private Company Limited By Shares
Notified 05/07/2022
Former PSCs
Aran Handa
Ceased 17/11/2017
Mr Aneil Handa
Ceased 18/08/2021
Mr Neeraj Handa
Ceased 02/06/2020
Mr Naveen Handa
Ceased 18/08/2021
Minhoco 34 (Holdco) Limited
Ceased 05/07/2022
Charges2 outstanding
HSBC BANK PLC
HSBC UK BANK PLC
OAKNORTH BANK PLC AS SECURITY TRUSTEE
CompanyRankvs 9281+ SIC 55100 peers28
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2020
Net Worth
-£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£498k
Working capital
Current Assets
£1.5M
Current Liabilities
£2.0M
Fixed Assets
£491k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 0.75 |
| 2019 | Infinity |
| 2018 | 0.02 |
Derived from filed accounts. Not audited figures.