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Inge Nielsen Ltd

11813634

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

OLD BANK BUILDING, ILMINSTER, TA19 0AJ
Incorporated 07/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
82110
Combined office administrative service activities
82302
82302

Officers

Mrs Inge-Merethe Nielsen

director · Since 07/02/2019

CHIEF EXECUTIVE

DANISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Inge-Merethe Nielsen

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

Danish · United Kingdom · Age 50

Old Bank Building, East Street, Ilminster, TA19 0AJ

Notified 07/02/2019

CompanyRankvs 51285+ SIC 47910 peers
32

Financial strength24th percentile among SIC peers · 6/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength6/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. Going Concern The financial statements have been prepared on a going concern basis. The sole director has assessed the company's ability to continue in operational existence for the foreseeable future

Key FinancialsYear ending 28/02/2025

Net Worth

-£394

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£844

Working capital

Current Assets

£11k

Current Liabilities

£12k

Fixed Assets

£450

Debtors

£7k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93
20248.54-£19k
202316.44-£9k
20223.06+£19k
20212.53
20201.00

Derived from filed accounts. Not audited figures.