Multiply Ai Limited
10470734
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 08/11/2025
Due 22/11/2026
Industry
Officers
director · Since 09/11/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 5 other boards
Persons with Significant Control
Former PSCs
Michael Curtis
Ceased 10/09/2019
Mr Vivek Dhiren Madlani
Ceased 10/09/2019
Charges0 outstanding
FACTORTECH LIMITED
CompanyRankvs 8080+ SIC 62012 peers63
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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
amounts falling due within one year 2024 2023 £ £ Trade creditors 124,196 70,312 Taxation and social security costs 164,735 49,482 Other creditors 216,284 94,865 505,215 214,659 6 Going concern Management has assessed the entity's ability to continue as a going concern over a period of 12 months from the anticipated date of approval of these financial statements. Despite ending
Key FinancialsYear ending 31/12/2024
Net Worth
£116k
Balance sheet strength
Cash
£316k
Cash in the bank
Net Current Assets
£108k
Working capital
Current Assets
£613k
Current Liabilities
£505k
Fixed Assets
£8k
Debtors
£297k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.21 | +£127k |
| 2023 | 0.89 | -£1.1M |
| 2022 | 8.93 | +£2.7M |
| 2021 | 0.47 | -£1.0M |
| 2020 | 17.58 | -£919k |
| 2019 | 4.62 | -£460k |
| 2018 | 25.42 | — |
Derived from filed accounts. Not audited figures.