Ethicoil Limited
12463706
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 16/08/2025
Due 30/08/2026
Industry
Officers
director · Since 11/05/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Vestera Ltd
54, Milner Drive, Twickenham, TW2 7PJ
Reg: 07462020 · Companies House · Ltd
Notified 01/03/2023
Ip2 Holdings Limited
Kemp House, City Road, London, EC1V 2NX
Reg: 12627165 · Companies House · Private Limited Company
Notified 01/03/2023
Former PSCs
Mr Franciscus Johannes Maria Timmermans
Ceased 31/01/2021
Ip2 Holdings Limited
Ceased 01/06/2021
Isync Ai Limited
Ceased 01/03/2023
Mr Dean Hurd
Ceased 01/03/2023
CompanyRankvs 117+ SIC 10410 peers40
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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 29/02/2024
Net Worth
-£262k
Balance sheet strength
Cash
£253k
Cash in the bank
Net Current Assets
-£310k
Working capital
Current Assets
£589k
Current Liabilities
£898k
Fixed Assets
£95k
Debtors
£335k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£566k |
| 2023 | 0.17 | -£490k |
| 2022 | 0.25 | -£206k |
| 2021 | 0.85 | — |
Derived from filed accounts. Not audited figures.