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Profit Accounting Services Ltd

10622530

active
Private Limited Company
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 16/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mr Ivaylo Atanasov Ivanov

director · Since 28/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Ivaylo Atanasov Ivanov

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-trust

British · England · Age 51

124, City Road, London, EC1V 2NX

Notified 28/04/2022

Former PSCs

Mrs Stela Dencheva Ivanova

Ceased 28/04/2022

CompanyRankvs 4208+ SIC 69202 peers
69

Financial strength81th percentile among SIC peers · 20/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 12.71× · 20/20
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 strength20/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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 28/02/2025

Turnover

£40k

Annual revenue

Net Worth

£24k

Balance sheet strength

Cash

£19k

Cash in the bank

Profit Before Tax

£11k

Bottom line earnings

Net Current Assets

£24k

Working capital

Current Assets

£26k

Current Liabilities

£2k

Debtors

£7k

Gross Profit

£40k

Admin Expenses

£29k

Operating Profit

£11k

Profit After Tax

£9k

1avg. employees-1

Tax at Year End

Dividends paid£9k

Balance Sheet

Assets less current liabilities£24k
Signed by 1.3.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202512.71+£596
202413.56+£1k
202325.29-£3k
20228.08+£1k
20213.13+£10k
20204.50+£6k
20193.51

Derived from filed accounts. Not audited figures.