Future Lounge Limited
12692218
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Kasir Nadim
British · England · Age 51
23, Hyde Road, Manchester, M12 6BQ
Notified 23/06/2020
Former PSCs
Mr Sajid Mahmood
Ceased 08/02/2023
Mr Tariq Khan
Ceased 01/07/2022
Charges1 outstanding
PARATUS AMC LIMITED
CompanyRankvs 60185+ SIC 68100 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£190k
Working capital
Current Assets
£15k
Current Liabilities
£205k
Fixed Assets
£450k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£2k |
| 2024 | 0.06 | +£5k |
| 2023 | 0.02 | +£5k |
| 2022 | 0.05 | — |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.