City Rope Ltd
12031108
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Alin Mihalache
Romanian · United Kingdom · Age 31
Suite 4, Ilford Lane, Ilford, IG1 2LT
Notified 04/06/2019
CompanyRankvs 45696+ SIC 41202 peers39
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Turnover
£49k
Annual revenue
Net Worth
£7k
Balance sheet strength
Cash
£794
Cash in the bank
Profit Before Tax
-£1k
Bottom line earnings
Net Current Assets
£794
Working capital
Current Assets
£794
Current Liabilities
—
Fixed Assets
£6k
Cost of Sales
£12k
Gross Profit
£37k
Admin Expenses
£39k
Operating Profit
-£1k
Profit After Tax
-£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£2k |
| 2023 | — | -£2k |
| 2022 | — | -£4k |
| 2021 | Infinity | +£24k |
| 2020 | 0.64 | — |
Derived from filed accounts. Not audited figures.