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Inakalum Uk Limited

13708842

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

78 PALL MALL, LONDON, SW1Y 5ES
Incorporated 28/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Terry Dunne

director · Since 28/10/2021

COMPANY DIRECTOR

IRISH · IRELAND · Age 68

Philip Joseph Maguire

director · Since 28/10/2021

COMPANY DIRECTOR

IRISH · IRELAND · Age 63

Persons with Significant Control

Terry Dunne

25–50% votes
Appoint directors

Irish · Ireland · Age 68

11, Church Gate, Wicklow Town, A67 RF68

Notified 28/10/2021

Philip Joseph Maguire

25–50% shares
50–75% votes
Appoint directors

Irish · Ireland · Age 63

Raheenmore, Wicklow, A67 D210

Notified 28/10/2021

CompanyRankvs 44308+ SIC 62012 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

1.42, 11.44, 11.45, 11.47, 11.48(a)(jii), 11.48(a)(iv), 11.48 (b) and 11.48(c) - the requirements of Section 12 Other Financial Instruments paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

-£361k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£362k

Working capital

Current Assets

£15k

Current Liabilities

£377k

Fixed Assets

£236

Debtors

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£361k
Signed by Philip Maguire 23/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£118k
20230.05

Derived from filed accounts. Not audited figures.