Needneed Co Ltd
12100372
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/07/2019
COMPANY DIRECTOR
SWISS · UNITED KINGDOM · Age 49
Also on 1 other board
Persons with Significant Control
Mr Felix Stefan Baudenbacher
Swiss · United Kingdom · Age 49
Railway Arch 386, Denmark Road, London, SE5 9JR
Notified 12/07/2019
Former PSCs
Ms Meret Anniko Probst
Ceased 30/08/2025
Mr Hanan Eine
Ceased 17/11/2025
CompanyRankvs 356+ SIC 10520 peers56
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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 31/07/2024
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£23k
Working capital
Current Assets
£23k
Current Liabilities
£0
Fixed Assets
£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | Infinity | +£43k |
| 2023 | Infinity | +£24k |
| 2022 | Infinity | -£46k |
| 2021 | Infinity | — |
Derived from filed accounts. Not audited figures.