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Project Beta Limited

11267639

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)

Details

200 UNION STREET, LONDON, SE1 0LX
Incorporated 21/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Jay Sunny Varkey

director · Since 21/03/2018

DIRECTOR

INDIAN · ENGLAND · Age 41

Also on 11 other boards

Persons with Significant Control

Project Beta Midco Limited

75–100% shares
75–100% votes

Botanic House /100, Hills Road, Cambridge, CB2 1PH

Reg: 11477103 · Companies House, England And Wales · Company Limited By Shares

Notified 31/07/2018

Former PSCs

Mr Jay Sunny Varkey

Ceased 28/03/2018

Mr Dino Sunny Varkey

Ceased 28/03/2018

Mr Sunny Varkey

Ceased 31/07/2018

Mrs Sherly Varkey

Ceased 28/03/2018

Gems Beta Holdco Limited

Ceased 31/07/2018

Charges0 outstanding

Charge
satisfied

ARES MANAGEMENT LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUM

Created 31/07/2018Registered 07/08/2018Satisfied 01/02/2020

CompanyRankvs 170030+ SIC 70221 peers
25

Financial strength0th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/08/2024

Net Worth

-£46.4M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£34.8M

Debtors

£22.1M

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024-£7.2M
2023-£39.2M
2021-£57.2M
2020-£4.3M

Derived from filed accounts. Not audited figures.