Sixteenth Limited
10649498
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
director · Since 05/12/2024
DIRECTOR
BRITISH · UNITED STATES · Age 42
Also on 5 other boards
Persons with Significant Control
Sixteenth Global Limited
9th Floor, 107 Cheapside, London, EC2V 6DN
Reg: 16022924 · Companies House · Limited By Shares
Notified 05/12/2024
Former PSCs
Mr Danny Lowney
Ceased 05/12/2024
Charges1 outstanding
COUTTS & COMPANY
CompanyRankvs 863+ SIC 73120 peers55
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£468k
Balance sheet strength
Cash
£768k
Cash in the bank
Net Current Assets
£463k
Working capital
Current Assets
£2.0M
Current Liabilities
£1.6M
Fixed Assets
£5k
Debtors
£1.3M
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.29 | +£257k | £1.0M |
| 2023 | 1.21 | -£283k | — |
| 2022 | 2.00 | +£77k | — |
| 2021 | 1.60 | +£151k | — |
| 2021 | 1.64 | — | — |
| 2020 | 1.63 | — | — |
| 2019 | 2.20 | — | — |
Derived from filed accounts. Not audited figures.