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Currency Network Ltd

14603405

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 19/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Mr Rajib Ghosh

secretary · Since 19/01/2023

Also on 3 other boards

Mr Rajib Ghosh

director · Since 19/01/2023

CRO

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Mr Animesh Ghosh

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

British · England · Age 52

71-75, Shelton Street, London, WC2H 9JQ

Notified 19/01/2023

CompanyRankvs 29491+ SIC 62012 peers
46

Financial strength6th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.83× · 20/20
Longevity3 years trading (max 15) · 3/15
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.

Employees6/15 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.

Longevity3/15 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 31/01/2025

Turnover

£240k

Annual revenue

Net Worth

-£60k

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

-£19k

Bottom line earnings

Net Current Assets

£15k

Working capital

Current Assets

£23k

Current Liabilities

£8k

Fixed Assets

£2k

Cost of Sales

£3k

Gross Profit

£240k

Admin Expenses

£292k

Operating Profit

-£19k

Profit After Tax

-£19k

1avg. employees

Balance Sheet

Assets less current liabilities£17k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.83-£19k
20240.30

Derived from filed accounts. Not audited figures.