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Why Why Limited

11707159

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

1 ROSTREVOR AVENUE, LONDON, N15 6LA
Incorporated 03/12/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

Industry

41100
Development of building projects

Officers

Mr Charles Mandelovics

director · Since 03/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 8 other boards

Mr Philipp Mandelovics

director · Since 03/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Philipp Mandelovics

25–50% shares

British · United Kingdom · Age 47

45, Stamford Hill, London, N16 5SR

Notified 03/12/2018

Charges4 outstanding

Charge
outstanding

LENDCO LIMITED

Created 19/08/2025Registered 19/08/2025
Charge
outstanding

LENDCO LIMITED

Created 04/01/2023Registered 10/01/2023
Charge
outstanding

ONESAVINGS BANK PLC

Created 08/12/2020Registered 09/12/2020
Charge
outstanding

ONESAVINGS BANK PLC

Created 28/07/2020Registered 30/07/2020

CompanyRankvs 47909+ SIC 41100 peers
34

Financial strength69th percentile among SIC peers · 17/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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47909Why Why Limited
43
How is this score calculated?
Financial strength17/25 pts

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

Employees2/15 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 31/12/2024

Net Worth

£25k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£114k

Working capital

Current Assets

£15k

Current Liabilities

£128k

Debtors

£8k

0avg. employees

Balance Sheet

Bank loans & overdrafts£739k
Assets less current liabilities£766k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£12k
20230.13—

Derived from filed accounts. Not audited figures.