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Bubble Tax Limited

14376108

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)
  • Current liabilities exceed current assets (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 26/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69203
Tax consultancy
70229
Management consultancy activities

Officers

Mr Abubakr Patel

director · Since 09/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Abubakr Patel

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 38

124, City Road, London, EC1V 2NX

Notified 09/10/2025

Former PSCs

Mr Asad Ghodawala

Ceased 02/02/2023

Mr Azhar Ahmed

Ceased 09/10/2025

CompanyRankvs 7372+ SIC 69203 peers
41

Financial strength70th percentile among SIC peers · 18/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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40
How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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 30/09/2024

Net Worth

£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£2k

Current Liabilities

£23k

0avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.08
20231.01

Derived from filed accounts. Not audited figures.