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The Manchester Academy Ltd

12544904

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

1B BLACKFRIARS HOUSE, MANCHESTER, M3 2JA
Incorporated 02/04/2020

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

30/03/2026

Overdue

Confirmation statement

Last: 01/05/2025

Due 15/05/2026

Overdue

Industry

62012
Business and domestic software development
71122
Engineering related scientific and technical consulting activities

Officers

Ashley Ramrachia

director · Since 02/04/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Mr Saul Charles Klein

director · Since 09/04/2021

GENERAL PARTNER

BRITISH · UNITED KINGDOM · Age 55

Also on 9 other boards

Persons with Significant Control

Ashley Ramrachia

75–100% shares

British · United Kingdom · Age 39

1b Blackfriars House, Parsonage, Manchester, M3 2JA

Notified 02/04/2020

Charges1 outstanding

Charge
outstanding

SILICON VALLEY BANK UK LIMITED

Created 15/11/2022Registered 17/11/2022

CompanyRankvs 21004+ SIC 62012 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.66× · 20/20
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 strength0/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/03/2024

Net Worth

-£1.4M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£424k

Working capital

Current Assets

£571k

Current Liabilities

£156k

Fixed Assets

£3k

17avg. employees

Balance Sheet

Assets less current liabilities£427k
Signed by A Ramrachia 23rd December 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66-£846k
202319.31-£1.7M
202210.95-£1.2M
202127.21

Derived from filed accounts. Not audited figures.