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Mashfrog Commerce Ltd

10994226

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

CMB PARTNERS UK LTD, LONDON, EC2A 4AA
Incorporated 03/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Edoardo Narduzzi

director · Since 03/10/2017

COMPANY DIRECTOR

ITALIAN · UNITED ARAB EMIRATES · Age 61

Mr Ferdinando Fusaro

director · Since 26/10/2020

CO-DIRECTOR

ITALIAN · UNITED KINGDOM · Age 45

Also on 26 other boards

Persons with Significant Control

Masada Ltd

50–75% shares
50–75% votes

19, The Circle, London, SE1 2JE

Reg: 11276342 · Companies House · Limited Company

Notified 07/10/2019

Former PSCs

Mr Edoardo Narduzzi

Ceased 07/10/2019

CompanyRankvs 15+ SIC 62012 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

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

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 conc

Key FinancialsYear ending 30/04/2023

Net Worth

-£321k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£323k

Working capital

Current Assets

£311k

Current Liabilities

£633k

Fixed Assets

£2k

Debtors

£278k

2avg. employees-1

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£321k
Signed by Mr Ferdinando Fusaro 19/01/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.49-£35k
20220.53+£152k
20210.53-£58k
20200.40-£369k
20180.45—

Derived from filed accounts. Not audited figures.