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Meme Tools Limited

10905350

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 BEAUCHAMP COURT, BARNET, EN5 5TZ
Incorporated 08/08/2017

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

61900
Other telecommunications activities
74909
Other professional, scientific and technical activities

Officers

Mr Sivasooriyar Ajithchandran

director · Since 08/08/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Uthayapriya Ajithchandran

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 50

4 Whitchurch Parade, Whitchurch Lane, Edgware, HA8 6LR

Notified 08/08/2017

Mr Sivasooriyar Ajithchandran

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 51

88, Ferney Road, Barnet, EN4 8LE

Notified 08/08/2017

CompanyRankvs 6443+ SIC 61900 peers
42

Financial strength8th percentile among SIC peers · 2/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.89× · 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 strength2/25 pts

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

Employees10/15 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 31/08/2025

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£40k

Current Liabilities

£45k

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Signed by Mr S Ajithchandran 30/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£9k
20240.84-£7k
20231.11

Derived from filed accounts. Not audited figures.