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Pangaea Online Ltd

12619651

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

41 DEVONSHIRE STREET, LONDON, W1G 7AJ
Incorporated 22/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mvvd Holding B.V.

director · Since 01/09/2021

Mr Marijn Van Drunen

director · Since 01/09/2021

DIRECTOR

DUTCH · NETHERLANDS · Age 31

Persons with Significant Control

Mr Justin Anthony Lee Van Charante

25–50% shares
25–50% votes

Dutch · United Kingdom · Age 34

41, Devonshire Street, London, W1G 7AJ

Notified 22/05/2020

Mr Marijn Van Drunen

25–50% shares
25–50% votes

Dutch · Netherlands · Age 31

41, Devonshire Street, London, W1G 7AJ

Notified 01/09/2021

Former PSCs

Mr Okan Ceylan

Ceased 24/10/2023

CompanyRankvs 1966+ SIC 73110 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 33.84× · 20/20
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 strength25/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.1M

Balance sheet strength

Cash

£891k

Cash in the bank

Net Current Assets

£5.1M

Working capital

Current Assets

£5.3M

Current Liabilities

£155k

Debtors

£4.4M

2avg. employees

Tax at Year End(2023)

Corp tax£786k

Director Loans(2021)

Company owes directors£17

Balance Sheet

Assets less current liabilities£5.1M
Signed by Mr Marijn Van Drunen 24/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202433.84-£20k
20235.62+£5.2M
20210.62-£709k
20213.02

Derived from filed accounts. Not audited figures.