Back to search

Toxaris Limited

12022818

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

54 PORTLAND PLACE, LONDON, W1B 1DY
Incorporated 29/05/2019

Compliance

Last accounts

30/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Broughton Secretaries Limited

secretary · Since 29/03/2021

OTHER

Also on 377 other boards

Ms Shihong Gu

director · Since 02/05/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 57

Persons with Significant Control

Ms Shihong Gu

Significant control

American · United States · Age 57

54, Portland Place, London, W1B 1DY

Notified 02/05/2025

Former PSCs

Mr Carlos Bruce Cashman

Ceased 28/05/2023

Brian Todd Cooper

Ceased 10/08/2023

Joshua Adam Burke

Ceased 16/05/2024

Mr Stephen Joseph Nee

Ceased 01/05/2025

Charges1 outstanding

Charge
outstanding

WILMINGTON SAVINGS FUND SOCIETY, FSB

Created 18/06/2024Registered 20/06/2024
Charge
satisfied

WILMINGTON SAVINGS FUND SOCIETY, FSB

Created 01/03/2024Registered 02/03/2024Satisfied 12/07/2024
Charge
satisfied

ROYAL BANK OF CANADA

Created 15/02/2024Registered 16/02/2024Satisfied 12/07/2024
Charge
satisfied

ROYAL BANK OF CANADA

Created 15/02/2024Registered 16/02/2024Satisfied 12/07/2024

CompanyRankvs 67311+ SIC 47910 peers
12

Financial strength0th percentile among SIC peers · 0/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees8/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Emphasis of matter - material uncertainty related to going concern We draw attention to note 2.2 in the financial statements, which indicates that the Company is reliant on its ultimate parent company, Thrasio Holdings, Inc., for financial support. The

Key FinancialsYear ending 30/12/2024

Turnover

£7.1M

Annual revenue

Net Worth

-£38.9M

Balance sheet strength

Cash

£80k

Cash in the bank

Profit Before Tax

-£9.0M

Bottom line earnings

Net Current Assets

-£38.9M

Working capital

Current Assets

£3.3M

Current Liabilities

£42.2M

Debtors

£537k

Cost of Sales

£13.4M

Gross Profit

-£6.2M

Admin Expenses

£2.7M

Profit After Tax

-£9.0M

1avg. employees+1

Tax at Year End(2020)

Corp tax£121k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£39.4M
20201.03+£522k
20191.00

Derived from filed accounts. Not audited figures.