Encoin Ltd
12065952
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Batuhan Yildiz
Turkish · England · Age 32
6, Cobham Road, London, E17 4ED
Notified 24/06/2019
Former PSCs
Mr Baris Inan
Ceased 08/12/2022
Mr Baris Inan
Ceased 13/08/2024
CompanyRankvs 1488+ SIC 58290 peers70
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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
Net Worth
£44k
Balance sheet strength
Cash
£55k
Cash in the bank
Net Current Assets
£44k
Working capital
Current Assets
£117k
Current Liabilities
£73k
Fixed Assets
£260
Debtors
£62k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.61 | -£39k |
| 2023 | 2.92 | +£76k |
| 2022 | 1.36 | — |
Derived from filed accounts. Not audited figures.