Back to search

Fuelcomm Uk Limited

12617346

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)
  • Going concern doubt noted in accounts (-10)

Details

2 LEMAN STREET, LONDON, E1W 9US
Incorporated 21/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Austin Lagoni

director · Since 21/05/2020

DIRECTOR

AMERICAN · UNITED STATES · Age 42

Persons with Significant Control

Mr Michael Austin Lagoni

50–75% shares
50–75% votes
Appoint directors

American · United States · Age 42

2 Leman Street, London, E1W 9US

Notified 21/05/2020

CompanyRankvs 34535+ SIC 62012 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees15/15 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

; The director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company is reliant on the support of its parent company to meet its day to day liabilities. The parent company has provided assurances that it will continue to support the company for the forese

Key FinancialsYear ending 31/12/2024

Net Worth

-£56k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£292k

Current Liabilities

£355k

Fixed Assets

£7k

Debtors

£209k

Profit After Tax

£99k

16avg. employees

Balance Sheet

Assets less current liabilities-£56k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.82+£114k
20230.89+£99k
20220.39+£50k
20210.15

Derived from filed accounts. Not audited figures.