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Transformcx Limited

11531938

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 22/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Tarun Sharma

director · Since 22/08/2018

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Tarun Sharma

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

British · United Kingdom · Age 46

167-169, Great Portland Street, London, W1W 5PF

Notified 22/08/2018

CompanyRankvs 3980+ SIC 62020 peers
83

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.44× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£257k

Cash in the bank

Net Current Assets

£997k

Working capital

Current Assets

£1.7M

Current Liabilities

£690k

Fixed Assets

£11k

Debtors

£1.4M

74avg. employees+13

Tax at Year End

Corp tax£55k
VAT£162k

Director Loans

Company owes directors£38k

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr. Tarun Sharma 17th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.44+£102k£3.2M
20231.86+£847k£3.2M
20214.16

Derived from filed accounts. Not audited figures.