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Factor Law Ltd

11777429

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

Healthy

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

Details

SUITE 1, 7TH FLOOR, LONDON, SW1H 0BL
Incorporated 21/01/2019

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Varun Mehta

director · Since 27/01/2020

CHIEF EXECUTIVE

AMERICAN · UNITED STATES · Age 40

Also on 1 other board

Vistra Cosec Limited

secretary · Since 06/04/2022

AMERICAN

Also on 1119 other boards

Persons with Significant Control

Factor Law Holdings Ltd

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

5, Aldermanbury Square, London, EC2V 7HR

Reg: 06125089 · United Kingdom · Private Limited Company

Notified 21/01/2019

CompanyRankvs 23740+ SIC 74909 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees10/15 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.

Longevity7/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£3.0M

Balance sheet strength

Cash

£83k

Cash in the bank

Profit Before Tax

-£430k

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£5.9M

Current Liabilities

£2.3M

Fixed Assets

£113k

Debtors

£5.8M

Admin Expenses

£7.1M

Profit After Tax

-£430k

2avg. employees-187

People Costs

Wages & salaries£7.8M

Balance Sheet

Intangible assets£71k
Assets less current liabilities£3.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.51-£430k
20231.81

Derived from filed accounts. Not audited figures.