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Ethco Group Limited

13596418

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

3 DORCHESTER AVENUE, OXFORD, OX3 9XY
Incorporated 01/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Surayyah Sani Ahmad

director · Since 01/09/2021

DIRECTOR

NIGERIAN · ENGLAND · Age 31

Mr Zaheed Mahmood

director · Since 01/09/2021

DIRECTOR

NIGERIAN · ENGLAND · Age 43

Also on 1 other board

Dr Marliyyah Abdullahi Mahmood

director · Since 10/07/2023

DIRECTOR

NIGERIAN · ENGLAND · Age 46

Persons with Significant Control

Mrs Surayyah Sani Ahmad

50–75% shares
50–75% votes
Appoint directors

Nigerian · United Kingdom · Age 31

47, Old Park Lane, Oldbury, B69 4PT

Notified 01/09/2021

Mr Zaheed Mahmood

Significant control

Nigerian · England · Age 43

47, Old Park Lane, Oldbury, B69 4PT

Notified 01/09/2021

Dr Marliyyah Abdullahi Mahmood

Significant control

Nigerian · United Kingdom · Age 46

22, Springview Fields, Tewkesbury, GL20 8FL

Notified 10/07/2023

CompanyRankvs 49789+ SIC 62012 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.17× · 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 strength2/25 pts

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

Employees6/15 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 30/09/2024

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£8k

Current Liabilities

£50k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£42k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£2k
20230.15-£21k
20220.31

Derived from filed accounts. Not audited figures.