Back to search

Ethus Ltd

11028231

active
ltd
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

Unit 216 Harbour Yard Chelsea Habour, London, SW10 0XD
Incorporated 24/10/2017

Previously known as

Ethoses Ltd · until 22/06/2020
Principles Advisers Limited · until 19/03/2018
Principle Advisers Limited · until 27/10/2017

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

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

Richard Mervyn Hughes

director · Since 01/12/2017

British · England · Age 57

Michele Ragazzi

director · Since 30/03/2023

Italian · Italy · Age 66

Former

Michele Ragazzi

director · Resigned 31/10/2019

Marco Bianchi

director · Resigned 28/04/2021

Norman Macaskill Fraser

director · Resigned 31/08/2025

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

Change History

statusactive
2026-07-29

Active

typeltd
2026-07-29

Private Limited Company

address line1Unit 216 Harbour Yard Chelsea Habour
2026-07-29

UNIT 216 HARBOUR YARD

post townLondon
2026-07-29

LONDON

officer appointedHUGHES, Richard Mervyn
2026-07-29
officer appointedRAGAZZI, Michele
2026-07-29

CompanyRankvs 1928+ SIC 66300 peers
44

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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 30/09/2025

Net Worth

-£6.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£109k

Current Liabilities

£141k

9avg. employees-1

Balance Sheet

Assets less current liabilities£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78-£2.0M
20242.94-£1.1M
20231.94

Derived from filed accounts. Not audited figures.