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Thinkon Inc Uk Limited

12219137

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

82 WANDSWORTH BRIDGE ROAD, LONDON, SW6 2TF
Incorporated 21/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Douglas Davis Henderson

director · Since 21/09/2019

DIRECTOR OF EUROPEAN OPERATIONS

CANADIAN · UNITED KINGDOM · Age 36

Mr Craig Lloyd Mclellan

director · Since 21/09/2019

CHIEF EXECUTIVE OFFICER

CANADIAN · CANADA · Age 57

Persons with Significant Control

Think On Inc

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

56 Aberfoyle Crescent, #420, Etobicoke, M8X 2W4

Reg: 002355 960 · Ontario · Corporation

Notified 21/09/2019

Charges0 outstanding

Charge
satisfied

NATIONAL BANK OF CANADA

Created 08/04/2022Registered 11/04/2022Satisfied 04/12/2024

CompanyRankvs 11584+ SIC 63110 peers
15

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11584Thinkon Inc Uk Limited
24
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

may cast significant doubt about the company's ability to continue as a going concern, and as such the directors have assessed that the going concern basis remains appropriate. 2.3. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned f

Key FinancialsYear ending 31/12/2023

Net Worth

-£301k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£338k

Working capital

Current Assets

£51k

Current Liabilities

£389k

Fixed Assets

£38k

Debtors

£35k

Tax at Year End(2020)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£301k
Signed by Mr Douglas Henderson 23rd December 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.13-£26k
20220.09-£50k
20210.05-£231k
20200.31—

Derived from filed accounts. Not audited figures.