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Aream Advisors Ltd

12611428

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
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

1 CAVENDISH PLACE, LONDON, W1G 0QF
Incorporated 19/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Affan Umair Butt

director · Since 19/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Kartik Prabhakara

director · Since 19/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Aream Group Llp

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

1 Cavendish Place, 1 Cavendish Place, London, W1G 0QF

Reg: Oc426365 · Companies House · Limited Liability Partnership

Notified 19/05/2020

CompanyRankvs 6793+ SIC 70229 peers
71

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.47× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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

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

on its effect on its suppliers, customers, directors and employees. The directors do not consider this to be cause for material uncertainty in respect of the company’s ability to continue as a going concern. The company has adapted well and the directors consider that the company has sufficient cash resources to continue for the foreseeable future. Therefore the financial statements have been prep

Key FinancialsYear ending 31/03/2021

Turnover

£27.1M

Annual revenue

Net Worth

£17.7M

Balance sheet strength

Cash

£19.5M

Cash in the bank

Profit Before Tax

£21.8M

Bottom line earnings

Net Current Assets

£17.6M

Working capital

Current Assets

£24.7M

Current Liabilities

£7.1M

Fixed Assets

£89k

Debtors

£5.2M

Gross Profit

£27.1M

Admin Expenses

£6.7M

Operating Profit

£21.8M

Profit After Tax

£17.7M

14avg. employees

Tax at Year End

Corp tax£4.2M

People Costs

Wages & salaries£3.9M
NI contributions£526k

Balance Sheet

Assets less current liabilities£17.7M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20213.47

Derived from filed accounts. Not audited figures.