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Never Work Alone Ltd

13700856

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)
  • Current liabilities exceed current assets (-10)

Details

7 JEWEL ROAD, LONDON, E17 4QU
Incorporated 25/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
81299
Other cleaning services

Officers

Mr Ivan Metodiev Chorbadzhiyski

director · Since 25/10/2021

DIRECTOR

BULGARIAN · ENGLAND · Age 26

Persons with Significant Control

Mr Ivan Metodiev Chorbadzhiyski

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

Bulgarian · England · Age 26

7, Jewel Road, London, E17 4QU

Notified 25/10/2021

CompanyRankvs 11116+ SIC 49410 peers
64

Financial strength46th percentile among SIC peers · 12/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 34.06× · 20/20
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 strength12/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£607

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£24k

Current Liabilities

£693

3avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202434.06
202311.32
202216.05

Derived from filed accounts. Not audited figures.