Archax Ltd
11302455
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/04/2018
ACCOUNTANT
BRITISH · ENGLAND · Age 43
Also on 1 other board
director · Since 10/04/2018
ACCOUNTANT
BRITISH · ENGLAND · Age 47
Also on 6 other boards
secretary · Since 09/09/2022
Persons with Significant Control
Archax Group Ltd
71-75, Shelton Street, London, WC2H 9JQ
Reg: 11440680 · Companies House · Limited Company
Notified 21/01/2019
Former PSCs
Mr Andrew David Flatt
Ceased 21/01/2019
Mr Matthew James Pollard
Ceased 21/01/2019
Mr Graham Rodford
Ceased 21/01/2019
CompanyRankvs 7928+ SIC 64999 peers52
Show leaderboard
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
been prepared in accordance with IFRS as adopted by the UK , subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, o
Key FinancialsYear ending 31/12/2024
Turnover
£6.0M
Annual revenue
Net Worth
£2.0M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£993k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£3.3M
Current Liabilities
—
Debtors
£314k
Admin Expenses
£7.8M
Operating Profit
-£1.5M
Profit After Tax
-£993k
People Costs
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | -£919k |
Derived from filed accounts. Not audited figures.