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Powork Limited

13769994

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

AFE ACCOUNTANTS LIMITED, BUILDING 3, NORTH LONDON BUSINESS PARK, LONDON, N11 1GN
Incorporated 29/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Dogucan Akkaya

director · Since 29/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 2 other boards

Mr Berkan Oztas

director · Since 29/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 26

Persons with Significant Control

Verstile Ventures Ltd

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

Afe Accountants Limited, Building 3,, North London Business Park, London, N11 1GN

Reg: 12319965 · Register Of Companies · Company Limited By Shares

Notified 29/11/2021

CompanyRankvs 161002+ SIC 82990 peers
27

Financial strength10th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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161002Powork Limited
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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.

Employees2/15 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 30/11/2024

Net Worth

-£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£8k

Current Liabilities

£18k

Fixed Assets

£132

0avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£4k
20230.49-£2k
20220.28—

Derived from filed accounts. Not audited figures.