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Emergx Finance Corporation Limited

11720866

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

149A MASONS HILL, BROMLEY, BR2 9HW
Incorporated 10/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Daniella Emokpare

secretary · Since 10/12/2018

Mr Hareter Babatunde Oralusi

director · Since 10/12/2018

ENTREPRENEUR

AUSTRIAN · UNITED KINGDOM · Age 54

Also on 5 other boards

Mr Clifford Douglas Southcombe

director · Since 02/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 2 other boards

Persons with Significant Control

Mr Hareter Babatunde Oralusi

50–75% shares
50–75% votes

Austrian · United Kingdom · Age 54

Kemp House,, 152 - 160 City Road,, London, EC1V 2NX

Notified 10/12/2018

CompanyRankvs 895+ SIC 64303 peers
53

Financial strength90th percentile among SIC peers · 23/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.44× · 2/20
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 strength23/25 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.

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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

£891k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£214k

Working capital

Current Assets

£171k

Current Liabilities

£385k

Fixed Assets

£1.1M

Debtors

£169k

0avg. employees

Tax at Year End

VAT£68k

Balance Sheet

Intangible assets£925k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.44+£22k£1.4M
2022-£186k
20210.18-£159k
20201.60
20191.00

Derived from filed accounts. Not audited figures.