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Project 3 Ventures Limited

12394684

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

101 NEW CAVENDISH STREET, LONDON, W1W 6XH
Incorporated 09/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63120
Web portals

Officers

Mr Dominic Mills

director · Since 09/01/2020

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Dominic Mills

Significant control

British · United Kingdom · Age 51

101, New Cavendish Street, London, W1W 6XH

Notified 09/01/2020

Former PSCs

Sarah Simmons

Ceased 04/03/2020

Karamjeet Mills

Ceased 04/06/2020

Mr Jonathan Elliott Simmons

Ceased 04/03/2020

Ms Sarah Simmons

Ceased 04/03/2020

Charges1 outstanding

Charge
outstanding

CITY FUNDS LP OPERATING THROUGH CF GENERAL PARTNER LTD

Created 04/04/2023Registered 12/04/2023

CompanyRankvs 6276+ SIC 63120 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

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

-£732k

Balance sheet strength

Cash

£434k

Cash in the bank

Net Current Assets

-£510k

Working capital

Current Assets

£468k

Current Liabilities

£978k

Fixed Assets

£4k

Debtors

£34k

13avg. employees-2

Balance Sheet

Bank loans & overdrafts£227k
Assets less current liabilities-£505k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£503k
20230.96-£231k
20220.99-£467k
20213.01+£237k
20204.46

Derived from filed accounts. Not audited figures.