Purpose Bidco Limited
14571728
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/01/2026
Due 18/01/2027
Industry
Officers
Persons with Significant Control
Purpose Midco Limited
18, Queen Avenue, Liverpool, L2 4TX
Reg: 14570776 · Companies House · Limited By Shares
Notified 05/01/2023
Charges1 outstanding
OAKNORTH BANK PLC AS SECURITY TRUSTEE FOR THE FINANCE PARTIES
Change History
Private Limited Company
18 QUEEN AVENUE
LIVERPOOL
Active
CompanyRankvs 19935+ SIC 64209 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/07/2024
Turnover
£164k
Annual revenue
Net Worth
-£5.1M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£2.9M
Bottom line earnings
Net Current Assets
£10.2M
Working capital
Current Assets
£11.2M
Current Liabilities
£994k
Debtors
£11.0M
Gross Profit
£164k
Admin Expenses
£156k
Operating Profit
£8k
Profit After Tax
-£2.9M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 11.22 | -£2.9M |
| 2023 | 6.81 | — |
Derived from filed accounts. Not audited figures.