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Think10 Ltd

14375098

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

12 CARL STREET, WALSALL, WS2 7BE
Incorporated 25/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Wasim Akram Sheikh

director · Since 25/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Wasim Akram Sheikh

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

British · England · Age 38

12, Carl Street, Walsall, WS2 7BE

Notified 25/09/2022

CompanyRankvs 2405+ SIC 39000 peers
28

Financial strength9th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.12× · 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 strength2/25 pts

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

Employees5/15 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 30/09/2025

Net Worth

-£11k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£1k

Current Liabilities

£10k

Fixed Assets

£15k

Debtors

£1k

1avg. employees

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£17k
Assets less current liabilities£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£2k
20240.28

Derived from filed accounts. Not audited figures.