Embracing Future Potential Ltd
12406305
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/01/2020
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 9 other boards
director · Since 22/08/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Also on 3 other boards
Persons with Significant Control
Mr Luke Hunter Kitchen
British · England · Age 39
The Courtyard, Oakwood Park Business Centre, Harrogate, HG3 3BF
Notified 01/03/2020
Former PSCs
Modular Holdings Group Ltd
Ceased 01/03/2020
CompanyRankvs 14882+ SIC 63990 peers24
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce
Key FinancialsYear ending 28/02/2025
Net Worth
-£112k
Balance sheet strength
Cash
£27k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£46k
Current Liabilities
£57k
Debtors
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.82 | +£24k |
| 2024 | 0.47 | +£20k |
| 2023 | 0.73 | +£43k |
| 2022 | 1.38 | -£42k |
| 2021 | 0.46 | — |
Derived from filed accounts. Not audited figures.