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Traceflow Ltd

12302383

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1 FORE STREET AVENUE, LONDON, EC2Y 9DT
Incorporated 07/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Mehdi Cheraitia

director · Since 07/11/2019

DIRECTOR

FRENCH · UNITED KINGDOM · Age 34

Mr Alix Jagdeep Singh Cheema

director · Since 07/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Alix Jagdeep Singh Cheema

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 50

1, Fore Street Avenue, London, EC2Y 9DT

Notified 07/11/2019

Mr Mehdi Cheraitia

25–50% shares
25–50% votes
Appoint directors

French · United Kingdom · Age 34

1, Fore Street Avenue, London, EC2Y 9DT

Notified 07/11/2019

CompanyRankvs 46257+ SIC 62090 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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46257Traceflow Ltd
35
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.

Employees11/15 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

-£250k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£497k

Working capital

Current Assets

£7k

Current Liabilities

£503k

Fixed Assets

£248k

Debtors

£3k

2avg. employees

Tax at Year End(2021)

Corp tax£26k

People Costs(2023)

Wages & salaries£272k
NI contributions£22k

Balance Sheet

Intangible assets£248k
Bank loans & overdrafts£3k
Assets less current liabilities-£249k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£96k
20230.28-£167k
20210.24+£67k
20200.01—

Derived from filed accounts. Not audited figures.