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Claro Wealth Limited

12158514

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)
  • Negative net worth (-10)

Details

10TH FLOOR, LONDON, SE1 8NW
Incorporated 15/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Farouq Fouad Ghulam

director · Since 14/01/2020

COMPANY DIRECTOR

SAUDI ARABIAN · SAUDI ARABIA · Age 57

Mr Sultan Bin Abdullah Bin Abdulaziz Al Saud

director · Since 27/10/2022

DIRECTOR

SAUDI ARABIAN · SAUDI ARABIA · Age 31

Persons with Significant Control

Mr Sultan Bin Abdullah Bin Abdulaziz Al Saud

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

Saudi Arabian · Saudi Arabia · Age 31

240, Blackfriars Road, London, SE1 8NW

Notified 15/08/2019

CompanyRankvs 16599+ SIC 64999 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0× · 2/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

-£13.5M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£13.5M

Working capital

Current Assets

£22k

Current Liabilities

£13.5M

23avg. employees

Balance Sheet

Assets less current liabilities-£13.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£1.3M
20230.04-£3.1M
20220.16-£5.0M
20210.16

Derived from filed accounts. Not audited figures.