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No.3 Projects Limited

12520622

active
Private Limited Company
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR OFFICE, LONDON, W8 4LZ
Incorporated 17/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Luis Garcia De Andoin Gimenez

director · Since 17/03/2020

CONSTRUCTION MANAGER

SPANISH · ENGLAND · Age 39

Persons with Significant Control

Mr Luis Garcia De Andoin Gimenez

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

Spanish · England · Age 39

19, Dover Road, Tadworth, KT20 5FN

Notified 17/03/2020

Former PSCs

Mr Daniel Robert Bergin

Ceased 09/05/2022

Mr Hamish Alexander Macpherson

Ceased 18/05/2023

CompanyRankvs 48875+ SIC 41202 peers
41

Financial strength9th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

-£18k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£327k

Current Liabilities

£350k

Fixed Assets

£6k

Debtors

£44k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£54k
20231.13+£33k
20221.01
20210.92

Derived from filed accounts. Not audited figures.