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Ethicronics Ltd

14149322

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

ALLIA FUTURE BUSINESS CENTRE THE GUILDHALL, CAMBRIDGE, CB2 3QJ
Incorporated 06/06/2022

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 05/06/2025

Due 19/06/2026

On track

Industry

62090
Other information technology service activities
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Franck Courbon

director · Since 06/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Dr Franck Courbon

75–100% shares
75–100% votes
Appoint directors

British · England · Age 37

Allia Future Business Centre, The Guildhall, Cambridge, CB2 3QJ

Notified 06/06/2022

CompanyRankvs 45142+ SIC 62090 peers
26

Financial strength6th percentile among SIC peers · 2/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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45142Ethicronics Ltd
36
How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/08/2024

Net Worth

-£41k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£22k

Current Liabilities

£64k

Fixed Assets

£759

Debtors

£16k

3avg. employees+2

Director Loans

Company owes directors£58k

Balance Sheet

Assets less current liabilities-£41k
Signed by Dr Franck Courbon 9 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.34
20230.97

Derived from filed accounts. Not audited figures.