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Commotex Limited

10610384

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)
  • Current liabilities exceed current assets (-10)

Details

93 CHURCH STREET, HINCKLEY, LE10 2DB
Incorporated 09/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Mr Jake Andrew Brown

director · Since 27/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Commotex Holdings Limited

75–100% shares
75–100% votes

Unit 8 The Courtyard Eliot Business Park, Goldsmith Way, Nuneaton, CV10 7RJ

Reg: 10975745 · England And Wales · Private Company Limited By Shares

Notified 27/04/2018

Former PSCs

Dyball Associates Limited

Ceased 27/04/2018

CompanyRankvs 1155+ SIC 35140 peers
46

Financial strength36th percentile among SIC peers · 9/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 29/02/2024

Net Worth

£10

Balance sheet strength

Cash

£244k

Cash in the bank

Net Current Assets

-£148k

Working capital

Current Assets

£751k

Current Liabilities

£899k

Fixed Assets

£5k

Debtors

£507k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£143k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84
20230.83-£89k
20220.02-£3k
20210.02+£81k
2020-£61k
20190.00

Derived from filed accounts. Not audited figures.