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Ignite Developers Ltd

13392965

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 13/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
43210
Electrical installation
82990
Other business support service activities

Officers

Mr Nadim El-Taji

secretary · Since 13/05/2021

Also on 3 other boards

Mr Nadim El-Taji

director · Since 13/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Persons with Significant Control

Mr Nadim El-Taji

75–100% shares
75–100% votes

British · England · Age 37

167-169, Great Portland Street, London, W1W 5PF

Notified 13/05/2021

CompanyRankvs 68844+ SIC 41100 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£1k

Current Liabilities

£17k

1avg. employees

Balance Sheet

Assets less current liabilities-£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£0
20250.08+£2k
20240.20-£25k
20231.14-£12k
20221.23

Derived from filed accounts. Not audited figures.