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Commercis Technology Ltd

12291500

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

25 CABOT SQUARE, LONDON, E14 4QZ
Incorporated 31/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47429
Retail sale of telecommunications equipment
62012
Business and domestic software development

Officers

Mr Alan Afrasiab

director · Since 31/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Persons with Significant Control

Commercis Plc

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

London House, 9a Margaret Street, London, W1W 8RJ

Reg: 12425375 · Companies House · Plc

Notified 31/01/2020

Former PSCs

Mr Alan Afrasiab

Ceased 31/01/2020

CompanyRankvs 1244+ SIC 47429 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees65th percentile among SIC peers · 10/15
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.

Employees10/15 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 31/12/2024

Net Worth

-£227k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£227k

Working capital

Current Assets

£1k

Current Liabilities

£228k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£227k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£160k
20230.00+£15k
20220.00-£79k
20210.16

Derived from filed accounts. Not audited figures.