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Ethus Ltd

11028231

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)
  • Negative net worth (-10)

Details

UNIT 216 HARBOUR YARD, LONDON, SW10 0XD
Incorporated 24/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66300
Fund management activities
71200
Technical testing and analysis

Officers

Mr Richard Mervyn Hughes

director · Since 01/12/2017

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 57

Also on 15 other boards

Mr Michele Ragazzi

director · Since 30/03/2023

FUND MANAGER

ITALIAN · ITALY · Age 66

Persons with Significant Control

Michele Ragazzi

75–100% shares
75–100% votes
Appoint directors

Italian · Italy · Age 66

7, Via Del Corallo, Arzachema (Olbia-Tempio)

Notified 24/10/2017

CompanyRankvs 978+ SIC 66300 peers
59

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.94× · 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 strength0/25 pts

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

Employees15/15 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 31/03/2024

Net Worth

-£4.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£261k

Working capital

Current Assets

£314k

Current Liabilities

£107k

Fixed Assets

£9k

10avg. employees-1

Balance Sheet

Assets less current liabilities£270k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.94-£1.1M
20231.94-£4.8M
20220.87+£3.0M
20211.44-£1.8M
20205.88

Derived from filed accounts. Not audited figures.