Train Effective Ltd
11938803
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Nicholas Sean Humphries
British · Australia · Age 32
4th Floor, Silverstream House, 45 Fitzroy Street, London, W1T 6EB
Notified 10/04/2019
CompanyRankvs 46345+ SIC 62090 peers25
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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
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
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.23 | +£0 | £3.3M |
| 2025 | 0.23 | -£121k | £3.3M |
| 2024 | 0.45 | +£72k | £2.8M |
| 2023 | 0.37 | -£100k | £2.2M |
| 2022 | 0.59 | -£327k | £2.7M |
| 2021 | 1.69 | — | — |
Derived from filed accounts. Not audited figures.