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Monad Design Limited

12142538

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

338A REGENTS PARK ROAD, LONDON, N3 2LN
Incorporated 07/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mr Mehmet Erkok

director · Since 07/08/2019

CONSULTANCY

TURKISH · ENGLAND · Age 51

Persons with Significant Control

Mr Mehmet Erkok

75–100% shares

Turkish · England · Age 51

1, Bedford Road, Twickenham, TW2 5EW

Notified 07/08/2019

CompanyRankvs 13201+ SIC 71111 peers
41

Financial strength34th percentile among SIC peers · 9/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/05/2024

Net Worth

£159

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£4k

Current Liabilities

£5k

Fixed Assets

£1k

Debtors

£750

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.76
20231.20

Derived from filed accounts. Not audited figures.