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Nilecost 2020 Limited

12435656

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

STUDIO 6, LONDON, N7 8GR
Incorporated 31/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Tugay Akman

director · Since 31/01/2020

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 59

Also on 24 other boards

Persons with Significant Control

Mr Tugay Akman

75–100% shares
75–100% votes

British · United Kingdom · Age 59

Studio 6, Hornsey Street, London, N7 8GR

Notified 31/01/2020

Former PSCs

Mr Dogan Bayrak

Ceased 18/01/2024

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 06/01/2023Registered 10/01/2023
Charge
outstanding

ALDERMORE BANK PLC

Created 24/04/2020Registered 28/04/2020
Charge
outstanding

ALDERMORE BANK PLC

Created 24/04/2020Registered 28/04/2020

CompanyRankvs 183438+ SIC 68209 peers
29

Financial strength51th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 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 strength13/25 pts

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

Employees3/15 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 31/01/2025

Net Worth

£2k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£247k

Working capital

Current Assets

£6k

Current Liabilities

£252k

Fixed Assets

£933k

Debtors

£5

0avg. employees

Balance Sheet

Bank loans & overdrafts£682k
Assets less current liabilities£687k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02
20240.03
20230.25+£5k
20220.07+£7k

Derived from filed accounts. Not audited figures.