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Andaria Financial Services Uk Ltd

12840774

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

36-38 CORNHILL, LONDON, EC3V 3NG
Incorporated 27/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Patrick Itzhak Seguev

director · Since 27/08/2020

ENTREPRENEUR

FRENCH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr Alan Derrick Smith

director · Since 14/04/2021

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Suresh Vaghjiani

director · Since 01/12/2021

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Grant Kenneth Elliott

secretary · Since 30/06/2024

Mr Kevin Paul Mcadam

director · Since 15/08/2024

DIRECTOR

BRITISH,CANADIAN · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Patrick Itzhak Seguev

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

French · United Kingdom · Age 68

Level 6, 10a Prospect Hill, Douglas, IM1 1EJ

Notified 27/08/2020

CompanyRankvs 5813+ SIC 64999 peers
59

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.26× · 12/20
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 strength22/25 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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2023

Turnover

£86k

Annual revenue

Net Worth

£321k

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

-£2.6M

Bottom line earnings

Net Current Assets

£315k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.2M

Fixed Assets

£6k

Debtors

£45k

Cost of Sales

£51k

Gross Profit

£35k

Admin Expenses

£2.6M

Operating Profit

-£2.6M

Profit After Tax

-£2.6M

8avg. employees+5

People Costs

Wages & salaries£599k
NI contributions£65k

Balance Sheet

Assets less current liabilities£321k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.26-£41k
202118.17

Derived from filed accounts. Not audited figures.