Plexaa Ltd
11798195
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 22/01/2026
Due 05/02/2027
Industry
Officers
Persons with Significant Control
Dr Saahil Mehta
British · United States · Age 46
20-22, Wenlock Road, London, N1 7GU
Notified 30/01/2019
CompanyRankvs 3273+ SIC 86210 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
period was shortened from 31 January 2024 to 31 December 2023 therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£248k
Balance sheet strength
Cash
£641k
Cash in the bank
Net Current Assets
£230k
Working capital
Current Assets
£896k
Current Liabilities
£666k
Fixed Assets
£23k
Debtors
£255k
Tax at Year End(2023)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.34 | -£875k |
| 2023 | 16.01 | -£430k |
| 2023 | 94.20 | +£1.6M |
| 2022 | 0.90 | — |
| 2021 | 0.83 | — |
Derived from filed accounts. Not audited figures.