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Luminate Projects Limited

12433857

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

36-38 HATTON GARDEN, LONDON, EC1N 8EB
Incorporated 30/01/2020

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

96090
Other personal service activities

Officers

Ms Shaila Gupta

director · Since 30/01/2020

HEAD OF FINANCE AND OPERATIONS

AMERICAN · UNITED STATES · Age 48

Ms Melanie Hui Kwei Ling

director · Since 05/01/2026

SINGAPOREAN · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Jeffrey Robert Alvord

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 68

720, University Avenue, Suite 200, California, 95032

Notified 30/01/2020

Pierre Morad Omidyar

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 59

720, University Avenue, Suite 200, California, 95032

Notified 30/01/2020

Matthew James Deakin

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

American · United States · Age 51

720 University Avenue, Suite 200, California, 95032

Notified 01/12/2021

Former PSCs

Mr Michael Gilbert Mohr

Ceased 26/11/2021

CompanyRankvs 67150+ SIC 96090 peers
36

Financial strength21th percentile among SIC peers · 5/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 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.

Liquidity6/20 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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concer

Key FinancialsYear ending 31/12/2022

Net Worth

£1

Balance sheet strength

Cash

£11.6M

Cash in the bank

Net Current Assets

Working capital

Current Assets

£11.8M

Current Liabilities

£11.8M

Debtors

£183k

Cost of Sales

£9.2M

Admin Expenses

£8.9M

Profit After Tax

£1k

5avg. employees+5

Tax at Year End

Corp tax£279

People Costs

Wages & salaries£411k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20221.00
20201.00

Derived from filed accounts. Not audited figures.