Back to search

Edencoast Limited

12593705

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3 SECOND FLOOR 80-82 PRIDE COURT, LONDON, N1 9PF
Incorporated 11/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Richard James Diamond

director · Since 28/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Paul Keenan

director · Since 28/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Richard James Diamond

25–50% shares
25–50% votes

British · England · Age 57

Unit 3, Second Floor 80-82 Pride Court, London, N1 9PF

Notified 28/06/2022

Mr Paul Keenan

25–50% shares
25–50% votes

British · England · Age 60

Unit 3, Second Floor 80-82 Pride Court, London, N1 9PF

Notified 28/06/2022

Former PSCs

Chalfen Nominees Limited

Ceased 28/06/2022

CompanyRankvs 20431+ SIC 74100 peers
39

Financial strength33th percentile among SIC peers · 8/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Harrisons Signs Limited
90
2Cole & Son (Wallpapers) Limited
90
3Accuride International Limited
90
4F.R. Scott Limited
90
5Inuti Global Limited
90
6Sinclair Stainless Fabrications Limited
90
7Main Titles Associates Limited
90
8Furness Engineering And Technology Limited
90
9Tapestry Mm Limited
90
10Mima Group Limited
90
20431Edencoast Limited
45
How is this score calculated?
Financial strength8/25 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

has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements. The director acknowledge s however that there is a material uncertainty related to the above, which may cast significant doubt on the

Key FinancialsYear ending 31/05/2024

Net Worth

£100

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£142k

Working capital

Current Assets

£191k

Current Liabilities

£333k

Fixed Assets

£20k

Debtors

£183k

6avg. employees-2

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities-£122k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.57
20231.14

Derived from filed accounts. Not audited figures.