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Northside Ventures Limited

14147961

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

NORTHSIDE VENTURES LTD, LONDON, E16 1LZ
Incorporated 02/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores
68209
Other letting and operating of own or leased real estate

Officers

Mr Adekunle Olurotimi Aderugbo

director · Since 02/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Adekunle Olurotimi Aderugbo

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 54

Northside Ventures Ltd, Vincent Street, London, E16 1LZ

Notified 02/06/2022

Former PSCs

Mr Max Menelaou

Ceased 02/10/2024

CompanyRankvs 19773+ SIC 47110 peers
28

Financial strength15th percentile among SIC peers · 4/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio -4698× · 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 strength4/25 pts

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

Employees3/15 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 30/06/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

-£5k

Current Liabilities

£1

1avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
2025-4698.00-£15k
2024Infinity

Derived from filed accounts. Not audited figures.