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Republic Security Ltd

13857363

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)
  • Current liabilities exceed current assets (-10)

Details

12 CHAPEL ROAD, ILFORD, IG1 2AG
Incorporated 18/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Muhammad Gulzar

director · Since 18/01/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Muhammad Gulzar

75–100% shares

British · United Kingdom · Age 56

Suite 5011, 199 Walworth Road, London, SE17 1RL

Notified 18/01/2022

CompanyRankvs 87696+ SIC 62020 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity4/15 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 31/01/2025

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£1k

Current Liabilities

£51k

4avg. employees+1

Balance Sheet

Assets less current liabilities-£49k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£41k
20240.64+£2k
20230.38

Derived from filed accounts. Not audited figures.