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Scythia Brands Ltd

13092163

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)
  • Negative net worth (-10)

Details

C/O BEVAN BUCKLAND LLP GROUND FLOOR, CARDIGAN HOUSE, SWANSEA, SA7 9LA
Incorporated 21/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Sotirios Theodoros Fivos Lyritzis

director · Since 21/12/2020

INVESTOR

BRITISH,GREEK · UNITED KINGDOM · Age 58

Mr Christopher John Lindsay

director · Since 10/07/2021

CO-CEO, SCYTHIA BRANDS LTD

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Mr Dipish Rai

director · Since 02/09/2021

DIRECTOR

INDIAN · UNITED KINGDOM · Age 42

Persons with Significant Control

Former PSCs

Mr Sotirios Theodoros Fivos Lyritzis

Ceased 02/09/2021

Charges0 outstanding

Charge
satisfied

HSBC INNOVATION BANKING

Created 04/08/2023Registered 18/08/2023Satisfied 02/02/2026
Charge
satisfied

SILICON VALLEY BANK

Created 17/11/2021Registered 18/11/2021Satisfied 23/08/2023

CompanyRankvs 35160+ SIC 47910 peers
48

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength0/25 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.

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.

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

-£1.1M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£221k

Current Liabilities

£203k

Fixed Assets

£2.2M

Debtors

£218k

6avg. employees+1

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09-£278k
20231.60-£351k
20215.93

Derived from filed accounts. Not audited figures.