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Train Effective Ltd

11938803

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

4TH FLOOR, SILVERSTREAM HOUSE 45 FITZROY STREET, LONDON, W1T 6EB
Incorporated 10/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
93199
Other amusement and recreation activities

Officers

Mr Nicholas Sean Humphries

director · Since 10/04/2019

DIRECTOR

BRITISH · AUSTRALIA · Age 32

Persons with Significant Control

Mr Nicholas Sean Humphries

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

British · Australia · Age 32

4th Floor, Silverstream House, 45 Fitzroy Street, London, W1T 6EB

Notified 10/04/2019

CompanyRankvs 46345+ SIC 62090 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.23× · 2/20
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 strength0/25 pts

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

Employees11/15 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.

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

liabilities in the normal course of business. These events and conditions indicate the existence of a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. Notwithstanding this material uncertainty, the director considers it appropriate to prepare the financial statements on a going concern basis for the reasons set out above. The financia

Key FinancialsYear ending 28/02/2025

Net Worth

-£460k

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

-£431k

Working capital

Current Assets

£128k

Current Liabilities

£559k

Fixed Assets

£258

Debtors

£36k

2avg. employees

Tax at Year End

VAT£166k

Director Loans(2023)

Company owes directors£372

Balance Sheet

Assets less current liabilities-£430k
Signed by Mr Nicholas Humphries 28/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.23+£0£3.3M
20250.23-£121k£3.3M
20240.45+£72k£2.8M
20230.37-£100k£2.2M
20220.59-£327k£2.7M
20211.69

Derived from filed accounts. Not audited figures.