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Credence Advisors Ltd

11347303

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

34 DRAKE ROAD, HARROW, HA2 9EA
Incorporated 04/05/2018

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

70221
Financial management

Officers

Mr Manoj Agarwal

director · Since 25/03/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Persons with Significant Control

Mr Manoj Agarwal

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

British · England · Age 48

34, Drake Road, Harrow, HA2 9EA

Notified 04/05/2018

Former PSCs

Mrs Nidhi Agarwal

Ceased 25/03/2019

CompanyRankvs 9976+ SIC 70221 peers
47

Financial strength48th percentile among SIC peers · 12/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength12/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£29k

Current Liabilities

£31k

Fixed Assets

£32k

1avg. employees

Balance Sheet

Assets less current liabilities£30k
Prepared with v2026.6.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£0
20250.91-£248
20240.94
20230.84
20222.92-£14k
20214.10+£49k
20203.34+£38k
20193.92

Derived from filed accounts. Not audited figures.