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Runaway Minds Limited

11480995

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O KP & COMPANY AVANTA HOUSE, HARROW, HA1 1BD
Incorporated 24/07/2018

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 23/07/2025

Due 06/08/2026

On track

Industry

62020
Information technology consultancy activities
63120
Web portals
63990
Other information service activities

Officers

Mr Garbinder Singh Cheema

director · Since 24/07/2018

PRODUCT DESIGNER

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Garbinder Singh Cheema

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

British · United Kingdom · Age 41

C/O Kp & Company, Avanta House, Harrow, HA1 1BD

Notified 24/07/2018

CompanyRankvs 55277+ SIC 62020 peers
43

Financial strength52th percentile among SIC peers · 13/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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55277Runaway Minds Limited
52
How is this score calculated?
Financial strength13/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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

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

Going Concern Doubt

in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/07/2025

Net Worth

£4k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£26k

Current Liabilities

£25k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Signed by Mr G Cheema,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£5k
2024—-£4k
20231.27—
20221.33—
20212.80-£23k
20205.53—

Derived from filed accounts. Not audited figures.