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Ada Design & Arts Limited

12113027

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

239-241 KENNINGTON LANE, LONDON, SE11 5QU
Incorporated 19/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Selman Safi Bilal

director · Since 19/07/2019

DIRECTOR

TURKISH · ENGLAND · Age 65

Persons with Significant Control

Mr Selman Safi Bilal

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

Turkish · United Kingdom · Age 65

239-241 Kennington Lane, London, SE11 5QU

Notified 19/07/2019

Charges1 outstanding

Charge
outstanding

TURKISH BANK (UK) LTD

Created 09/03/2022Registered 11/03/2022

CompanyRankvs 21642+ SIC 74909 peers
55

Financial strength97th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£886k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£597k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.7M

Fixed Assets

£2.3M

Debtors

£1.1M

Profit After Tax

£159k

3avg. employees

Tax at Year End(2024)

Dividends paid£24k

Balance Sheet

Intangible assets£138k
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£159k
20240.88+£152k
20230.75+£283k
20221.24-£28k
20211.33

Derived from filed accounts. Not audited figures.