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Limitless Accounting Ltd

13492796

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

21 KIDMAN CLOSE, ROMFORD, RM2 6GH
Incorporated 05/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Ms Reda Vaisvidiene

director · Since 05/07/2021

CERTIFIED ACCOUNTANT

LITHUANIAN · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Ms Reda Vaisvidiene

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

Lithuanian · England · Age 45

21, Kidman Close, Romford, RM2 6GH

Notified 05/07/2021

CompanyRankvs 29228+ SIC 69201 peers
40

Financial strength6th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.65× · 16/20
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 strength2/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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 31/07/2024

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£5k

Current Liabilities

£3k

Fixed Assets

£639

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 1.8.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.65-£4k
20230.08
20220.00

Derived from filed accounts. Not audited figures.