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Arcticon Limited

11222406

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

239-241 KENNINGTON LANE, LONDON, SE11 5QU
Incorporated 23/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment
74909
Other professional, scientific and technical activities

Officers

Mr Mert Ulus

director · Since 23/02/2018

DIRECTOR

TURKISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Mert Ulus

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

Turkish · United Kingdom · Age 37

239-241 Kennington Lane, London, SE11 5QU

Notified 23/02/2018

CompanyRankvs 1947+ SIC 46730 peers
33

Financial strength7th percentile among SIC peers · 2/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity8/15 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 31/10/2024

Net Worth

-£30k

Balance sheet strength

Cash

£248

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£272

Current Liabilities

£29k

Debtors

£24

Profit After Tax

-£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£1k
20230.01-£1k
20220.03-£813
20210.08

Derived from filed accounts. Not audited figures.