Essential Designs London Ltd
13841388
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Devika Raizada
Indian · United Kingdom · Age 39
Unit 2.23, International House, 1110 Great West Road, Brentford, TW8 0GP
Notified 11/01/2022
Ms Meenakshi Wadhwa
Indian · England · Age 40
Unit 2.23, International House, 1110 Great West Road, Brentford, TW8 0GP
Notified 23/01/2024
CompanyRankvs 9803+ SIC 47710 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£7k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£127k
Current Liabilities
£134k
Debtors
£14k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.95 | +£33k |
| 2023 | 0.58 | — |
Derived from filed accounts. Not audited figures.