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Eta Money Limited

11061003

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

CITY ROAD SPACES, CITY ROAD, LONDON, EC1Y 1AA
Incorporated 13/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Nikita Olgart

director · Since 15/03/2023

DIRECTOR

ISRAELI · ENGLAND · Age 40

Persons with Significant Control

Mr Nikita Olgart

75–100% shares

Israeli · England · Age 40

City Road, Spaces, City Road, London, EC1Y 1AA

Notified 05/10/2023

Former PSCs

Mr Aleksandrs Djugajevs

Ceased 01/05/2020

Mr Vladimirs Pankratovs

Ceased 05/10/2023

CompanyRankvs 4590+ SIC 64999 peers
62

Financial strength88th percentile among SIC peers · 22/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 14.89× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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4590Eta Money Limited
71
How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

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

taxation, amounted to £ 53,886 (2023 - loss £ 218,463 ) . Directors The directors who served during the year were: N Olgart (appointed 15 March 2023 ) V Pankratovs (resigned 21 December 2023 ) Going concern The financial statements have been prepared on a going concern basis. In assessing the Company’s ability to continue as a going concern, the director has evaluated the Company’s liquidity

Key FinancialsYear ending 30/11/2024

Turnover

£241k

Annual revenue

Net Worth

£350k

Balance sheet strength

Cash

£263k

Cash in the bank

Profit Before Tax

-£54k

Bottom line earnings

Net Current Assets

£350k

Working capital

Current Assets

£375k

Current Liabilities

£25k

Debtors

£112k

Cost of Sales

£228k

Gross Profit

£13k

Admin Expenses

£67k

Operating Profit

-£54k

Profit After Tax

-£54k

1avg. employees-1

People Costs

Wages & salaries£6k

Balance Sheet

Assets less current liabilities£350k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202414.89+£38k
20216.51—

Derived from filed accounts. Not audited figures.