Commercis Me Ltd
11084762
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/04/2026
Due 28/04/2027
Industry
Officers
director · Since 01/02/2021
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 68
Also on 15 other boards
Persons with Significant Control
Commercis Fz Llc
Office 107, First Floor, Star Holding Building, Dubai Internet City
Reg: 100413 · Federal Tax Authority · Limited
Notified 01/01/2026
Former PSCs
Mr Alan Afrasiab
Ceased 31/01/2020
Commercis Plc
Ceased 01/08/2023
Commercis Communications Ltd
Ceased 01/01/2026
CompanyRankvs 511+ SIC 61300 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
monitors and stress tests its liquidity position by preparing and sensitising both short and long term cashflow forecasts. Funding arrangements are reviewed regularly and approved by the Board. Going concern The director refers to Note 1 of the financial statements which indicate that the Company has net assets/(liabilities) of ($1,052,357); 2023: ($776,401). The Company's ability to continu
Key FinancialsYear ending 31/12/2024
Turnover
£585k
Annual revenue
Net Worth
-£1.1M
Balance sheet strength
Cash
£14k
Cash in the bank
Profit Before Tax
-£368k
Bottom line earnings
Net Current Assets
-£3.4M
Working capital
Current Assets
£441k
Current Liabilities
£3.8M
Fixed Assets
£2.3M
Debtors
£427k
Cost of Sales
£522k
Gross Profit
£63k
Admin Expenses
£431k
Operating Profit
-£368k
Profit After Tax
-£276k
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.12 | -£276k |
| 2023 | 0.22 | -£618k |
| 2022 | 0.56 | -£49k |
| 2021 | 0.81 | -£70k |
| 2020 | 1.22 | -£20k |
| 2019 | 30.02 | — |
Derived from filed accounts. Not audited figures.