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60yo Ltd

13160829

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

555-557 CRANBROOK ROAD, ILFORD, IG2 6HE
Incorporated 27/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Tearle Phelan

director · Since 27/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Tearle Phelan

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 48

555-557, Cranbrook Road, Ilford, IG2 6HE

Notified 27/01/2021

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 12/11/2021Registered 15/11/2021

CompanyRankvs 152044+ SIC 68209 peers
34

Financial strength75th percentile among SIC peers · 19/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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15204460yo Ltd
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How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£73k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£112k

Working capital

Current Assets

£50k

Current Liabilities

£162k

Fixed Assets

£425k

Debtors

£52

0avg. employees-1

Tax at Year End

Corp tax£17k

Balance Sheet

Assets less current liabilities£313k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£52k
20240.03+£13k
20230.43+£15k
20220.46—

Derived from filed accounts. Not audited figures.