Purch It Limited
12354147
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2022
total exemption full
Next accounts due
21/03/2024
Confirmation statement
Last: 01/06/2023
Due 15/06/2024
Industry
Officers
director · Since 09/12/2019
DIRECTOR
FILIPINO · ENGLAND · Age 32
Also on 1 other board
director · Since 31/08/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 1 other board
Former
director · Resigned 30/06/2021
director · Resigned 18/08/2022
Persons with Significant Control
Mr Justine Jae Edlagan
British · England · Age 32
Tuspark Eagle Lab, Maybrook House, Grainger Street, Newcastle Upon Tyne, NE1 5JE
Notified 09/12/2019
Change History
Active - Proposal to Strike off
Private Limited Company
TUSPARK EAGLE LAB, MAYBROOK HOUSE
NEWCASTLE UPON TYNE
CompanyRankvs 43209+ SIC 62012 peers39
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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 31/03/2022
Net Worth
-£34k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£11k
Current Liabilities
£6k
Fixed Assets
£5k
Debtors
£599
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.63 | -£29k |
| 2021 | 4.91 | — |
Derived from filed accounts. Not audited figures.