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Joseph'S Machines Ltd

14542722

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

UNIT 20, LONDON, SE15 6RY
Incorporated 15/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities
93290
Other amusement and recreation activities

Officers

Mr Joseph Herscher

director · Since 15/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Joseph Herscher

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

British · United Kingdom · Age 41

Unit 20, 3-5 Latona Road, London, SE15 6RY

Notified 15/12/2022

CompanyRankvs 1986+ SIC 58190 peers
70

Financial strength94th percentile among SIC peers · 24/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.41× · 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 strength24/25 pts

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

Employees7/15 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

£180k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£178k

Working capital

Current Assets

£221k

Current Liabilities

£65k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£180k
Signed by Mr Joseph Herscher 11/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.41+£54k

Derived from filed accounts. Not audited figures.