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Phalaris Limited

14284753

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

2 OLD BATH ROAD, NEWBURY, RG14 1QL
Incorporated 09/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01430
Raising of horses and other equines

Officers

Mr Bjorn Eric Nielsen

director · Since 09/08/2022

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 68

Also on 1 other board

Persons with Significant Control

Mr Bjorn Eric Nielsen

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

American · United Kingdom · Age 68

2, Old Bath Road, Newbury, RG14 1QL

Notified 09/08/2022

CompanyRankvs 617+ SIC 01430 peers
52

Financial strength3th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 12.68× · 20/20
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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2024

Net Worth

-£1.1M

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£7.6M

Working capital

Current Assets

£8.3M

Current Liabilities

£653k

Fixed Assets

£431

Debtors

£221k

3avg. employees

Balance Sheet

Assets less current liabilities£7.6M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202412.68-£2.4M
20236.16

Derived from filed accounts. Not audited figures.