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Londongate Accountancy Ltd

11057128

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 09/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Saleh Ahmed

director · Since 09/11/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Saleh Ahmed

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

British · United Kingdom · Age 47

124, City Road, London, EC1V 2NX

Notified 09/11/2017

CompanyRankvs 27236+ SIC 69201 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.5× · 2/20
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 strength1/25 pts

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

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£50k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£72k

Current Liabilities

£146k

Fixed Assets

£53k

Debtors

£63k

4avg. employees+1

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50+£13k
20230.43-£6k
20220.44-£37k
20210.61
20200.84
20190.71
20180.55

Derived from filed accounts. Not audited figures.