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Thought Asset Ltd

12302040

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

7 COOMBE GARDENS, LONDON, SW20 0QU
Incorporated 06/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Harpreet Singh

director · Since 06/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Harpreet Singh

75–100% shares

British · United Kingdom · Age 49

76, Graham Road, London, SW19 3SS

Notified 06/11/2019

CompanyRankvs 10786+ SIC 62020 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.85× · 20/20
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 strength24/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 30/11/2024

Net Worth

£308k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£308k

Working capital

Current Assets

£388k

Current Liabilities

£80k

Fixed Assets

£615

2avg. employees

Balance Sheet

Assets less current liabilities£308k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.85+£80k
20235.88+£88k
2022307.19-£711
2021504.68

Derived from filed accounts. Not audited figures.