Excite Foundry Ltd
12328644
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/11/2019
ENTREPRENEUR
INDIAN · UNITED KINGDOM · Age 46
Also on 1 other board
director · Since 22/11/2019
ENTREPRENEUR
INDIAN · ENGLAND · Age 40
Also on 1 other board
director · Since 19/04/2022
ENTREPRENEUR
BRITISH · ENGLAND · Age 53
Also on 17 other boards
Persons with Significant Control
Mr Ritesh Kumar
Indian · England · Age 40
10, Kilmarnock Drive, Luton, LU2 7YP
Notified 22/11/2019
Mr Vishal Bhargava
Indian · United Kingdom · Age 46
85, Great Portland Street, London, W1W 7LT
Notified 22/11/2019
CompanyRankvs 11920+ SIC 47910 peers81
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£6.2M
Balance sheet strength
Cash
£624k
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£3.0M
Current Liabilities
£116k
Fixed Assets
£3.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 25.60 | +£985k |
| 2023 | 7.26 | +£1.2M |
| 2022 | 6.38 | +£3.9M |
| 2021 | 0.49 | +£34k |
| 2020 | 0.74 | — |
Derived from filed accounts. Not audited figures.