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The Project Blue Group Limited

14092962

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)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 09/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Mr Steven Seget

secretary · Since 09/05/2022

Mr Nils Backeberg

director · Since 09/05/2022

COMPANY DIRECTOR

GERMAN · SOUTH AFRICA · Age 40

Mr Jonathan Bedder

director · Since 09/05/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Steven Alexander Seget

director · Since 09/05/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 6 other boards

Persons with Significant Control

Mr Steven Alexander Seget

25–50% shares
25–50% votes

British · United Kingdom · Age 50

71-75, Shelton Street, London, WC2H 9JQ

Notified 09/05/2022

Mr Jonathan Bedder

25–50% shares
25–50% votes

British · United Kingdom · Age 41

71-75, Shelton Street, London, WC2H 9JQ

Notified 09/05/2022

Mr Nils Backeberg

25–50% shares
25–50% votes

German · South Africa · Age 40

71-75, Shelton Street, London, WC2H 9JQ

Notified 09/05/2022

CompanyRankvs 118030+ SIC 63990 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.62× · 6/20
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 strength0/25 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.

Liquidity6/20 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 31/05/2024

Net Worth

-£650k

Balance sheet strength

Cash

£831k

Cash in the bank

Net Current Assets

-£651k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.7M

Debtors

£230k

8avg. employees+3

Balance Sheet

Assets less current liabilities-£650k
Signed by 2023-06-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.62-£142k
20230.37

Derived from filed accounts. Not audited figures.