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Promoting Youth Ltd

14370925

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

PHOENIX HOUSE C/O JP ACCOUNTANCY, HARROW, HA1 2SP
Incorporated 22/09/2022

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 21/09/2025

Due 05/10/2026

On track

Industry

87900
Other residential care activities

Officers

Mr Kieren Deonte Igbanoi

director · Since 02/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 3 other boards

Persons with Significant Control

Ms Faye Hazel Veerasawmy

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

British · England · Age 72

Phoenix House, C/O Jp Accountancy, Harrow, HA1 2SP

Notified 22/09/2022

Charges1 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 11/01/2023Registered 13/01/2023

CompanyRankvs 7370+ SIC 87900 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£151k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£95k

Working capital

Current Assets

£68k

Current Liabilities

£175k

Fixed Assets

£9k

10avg. employees

Balance Sheet

Assets less current liabilities-£87k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.39

Derived from filed accounts. Not audited figures.