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Alar Distribution Ltd

13007553

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)

Details

OFFICE SUITE 4-316, ILFORD, IG1 2LT
Incorporated 10/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Anatolie Raclaru

director · Since 10/11/2020

DIRECTOR

ROMANIAN · UNITED KINGDOM · Age 37

Mr Alexandru Lica

director · Since 09/12/2023

DIRECTOR

ROMANIAN · ENGLAND · Age 35

Persons with Significant Control

Mr Anatolie Raclaru

25–50% shares
25–50% votes
Appoint directors

Romanian · United Kingdom · Age 37

28, Grove Avenue, London, E4 8SS

Notified 10/11/2020

Mr Alexandru Lica

25–50% shares
25–50% votes

Romanian · England · Age 35

Office Suite 4-316, Ilford Lane, Ilford, IG1 2LT

Notified 09/12/2023

CompanyRankvs 39997+ SIC 43390 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.7× · 6/20
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 strength2/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£24k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£60k

Current Liabilities

£85k

Fixed Assets

£1k

Debtors

£4k

1avg. employees

Tax at Year End(2022)

VAT£873
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.70+£4k
20230.47-£1k
2022-£15k£17k
2021£1k

Derived from filed accounts. Not audited figures.