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Addax London Ltd

11969355

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

45 SELBORNE WALK, UNIT 9-10, LONDON, E17 7JR
Incorporated 29/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47820
Retail sale via stalls and markets of textiles, clothing and footwear
47890
Retail sale via stalls and markets of other goods
47910
Retail sale via mail order houses or via Internet
70229
Management consultancy activities

Officers

Mr Bulent Sahin

director · Since 29/04/2019

DIRECTOR

TURKISH · ENGLAND · Age 50

Ms Ozlem Demirci

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Mr Burak Sahin

director · Since 23/04/2024

DIRECTOR

TURKISH · ENGLAND · Age 22

Also on 1 other board

Persons with Significant Control

Mr Bulent Sahin

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

Turkish · England · Age 50

45, Selborne Walk, Unit 9-10, London, E17 7JR

Notified 29/04/2019

Former PSCs

Ms Ozlem Demirci

Ceased 23/11/2021

CompanyRankvs 1877+ SIC 47820 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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1877Addax London Ltd
39
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.

Employees15/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£274k

Balance sheet strength

Cash

£150k

Cash in the bank

Net Current Assets

-£781k

Working capital

Current Assets

£731k

Current Liabilities

£1.5M

Fixed Assets

£521k

Debtors

£580k

46avg. employees+23

Balance Sheet

Assets less current liabilities-£260k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48-£295k
20240.69+£140k
20230.49+£207k
20220.20-£332k
20212.58+£3k
20201.17—

Derived from filed accounts. Not audited figures.