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Abyssinia Technologies Ltd

14300658

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

FLAT 14 JEPSON HOUSE, LONDON, SW6 2BG
Incorporated 16/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods
46499
46499
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Eliyas Woldegeorgis

director · Since 16/08/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mr Eliyas Woldegeorgis

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

British · England · Age 30

Flat 14 Jepson House, Pearscroft Road, London, SW6 2BG

Notified 16/08/2022

Mrs Eden Berhanue Abraha

25–50% shares

British · England · Age 46

Flat 1, 3 Candover Street, London, W1W 7DH

Notified 28/12/2022

Miss Martha Selemon

25–50% shares

British · England · Age 49

Flat 14 Jepson House, Pearscroft Road, London, SW6 2BG

Notified 28/12/2022

CompanyRankvs 2536+ SIC 46460 peers
27

Financial strength11th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.46× · 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 strength3/25 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 31/08/2025

Net Worth

-£21k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£18k

Current Liabilities

£39k

Debtors

£300

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46-£2k
20240.60+£0
20240.60-£11k
20230.54

Derived from filed accounts. Not audited figures.