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Salt Future 5 (916 Garratt) Ltd

11649802

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 30/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings
68209
Other letting and operating of own or leased real estate

Officers

Mr Olusola Adeyinka Adeniran

director · Since 30/10/2018

CONSULTANT

BRITISH · UNITED KINGDOM · Age 46

Also on 13 other boards

Persons with Significant Control

Mr Olusola Adeyinka Adeniran

50–75% shares

British · United Kingdom · Age 46

20-22, Wenlock Road, London, N1 7GU

Notified 30/10/2018

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 32722+ SIC 41100 peers
45

Financial strength92th percentile among SIC peers · 23/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£673k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£915k

Working capital

Current Assets

£2k

Current Liabilities

£918k

Fixed Assets

£730k

1avg. employees

Balance Sheet

Assets less current liabilities£185k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£28k
20230.00+£9k
20220.01+£332k
20210.00+£66k
20200.00+£58k
20190.00

Derived from filed accounts. Not audited figures.