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1226 Accounting Ltd

13695747

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

26 WEETMANS DRIVE, COLCHESTER, CO4 9EA
Incorporated 21/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Ms Niketha Gamage-Watson

director · Since 21/10/2021

FOUNDER

BRITISH,SRI LANKAN · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Ms Niketha Gamage-Watson

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

British,Sri Lankan · United Kingdom · Age 56

26, Weetmans Drive, Colchester, CO4 9EA

Notified 21/10/2021

CompanyRankvs 32467+ SIC 69201 peers
30

Financial strength11th percentile among SIC peers · 3/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.36× · 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.

Employees5/15 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 31/10/2025

Turnover

£6k

Annual revenue

Net Worth

-£249

Balance sheet strength

Cash

£250

Cash in the bank

Profit Before Tax

-£1k

Bottom line earnings

Net Current Assets

-£450

Working capital

Current Assets

£250

Current Liabilities

£700

Fixed Assets

£200

Debtors

£0

Cost of Sales

£5k

Gross Profit

£100

Admin Expenses

£800

Operating Profit

-£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£249
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.36
20244.05
2023Infinity

Derived from filed accounts. Not audited figures.