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Excite Foundry Ltd

12328644

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 22/11/2019

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/12/2025

Due 20/12/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet
62012
Business and domestic software development
62020
Information technology consultancy activities
73110
Advertising agencies

Officers

Mr Vishal Bhargava

director · Since 22/11/2019

ENTREPRENEUR

INDIAN · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Ritesh Kumar

director · Since 22/11/2019

ENTREPRENEUR

INDIAN · ENGLAND · Age 40

Also on 1 other board

Mr Vikrant Bhargava

director · Since 19/04/2022

ENTREPRENEUR

BRITISH · ENGLAND · Age 53

Also on 17 other boards

Persons with Significant Control

Mr Ritesh Kumar

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

Indian · England · Age 40

10, Kilmarnock Drive, Luton, LU2 7YP

Notified 22/11/2019

Mr Vishal Bhargava

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

Indian · United Kingdom · Age 46

85, Great Portland Street, London, W1W 7LT

Notified 22/11/2019

CompanyRankvs 2904+ SIC 47910 peers
81

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 25.6× · 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 strength25/25 pts

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

Employees14/15 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 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

4avg. employees

Balance Sheet

Intangible assets£3.3M
Assets less current liabilities£6.2M
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202425.60+£985k
20237.26—

Derived from filed accounts. Not audited figures.