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Loop8 Ltd

11351787

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

26-28 SOUTHERNHAY EAST, EXETER, EX1 1NS
Incorporated 09/05/2018

Compliance

Last accounts

31/03/2024

total exemption full

Accounts

Up to date

Confirmation statement

Last: 31/08/2024

Due

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mr Kieran Anderson

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Jake William Hand

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Martin Ryan Wood

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Evolution Sales Ltd

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

Dale House, 64 Fink Hill, Leeds, LS18 4DH

Reg: 10561615 · Companies House · Limited Company

Notified 01/06/2020

Former PSCs

Mr Martin Ryan Wood

Ceased 01/06/2020

Mr Kieran Anderson

Ceased 11/05/2023

Mr Jake William Hand

Ceased 01/06/2020

Insolvency History1 case

creditors voluntary liquidation04/04/2025

Jonathan Lee Mitchell (practitioner)

CompanyRankvs 15+ SIC 47410 peers
5

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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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.

Employees0/15 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.

Risk deductions

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2024

Net Worth

-£234k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£137k

Working capital

Current Assets

£81k

Current Liabilities

£217k

Fixed Assets

£2k

Debtors

£518

5avg. employees

Balance Sheet

Intangible assets£609
Assets less current liabilities-£135k
Signed by Mr Martin Wood Mr Jake Hand 13th June 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.37-£15k
20230.61—

Derived from filed accounts. Not audited figures.