Pocketlaw Limited
13149151
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
CompanyRankvs 44885+ SIC 62090 peers26
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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
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The company relies on their parent company for financial support. The directors have identified some uncertainty related to the company's ability to continue as a going concer
Key FinancialsYear ending 31/12/2024
Net Worth
-£2.4M
Balance sheet strength
Cash
£67k
Cash in the bank
Net Current Assets
-£2.4M
Working capital
Current Assets
£264k
Current Liabilities
£2.7M
Fixed Assets
£4k
Debtors
£197k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.10 | -£767k |
| 2023 | 0.17 | -£1.2M |
| 2022 | 0.16 | -£392k |
| 2021 | 0.50 | — |
Derived from filed accounts. Not audited figures.