Back to search

Low Observable Trading Ltd

14647428

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

101 NEW CAVENDISH STREET, LONDON, W1W 6XH
Incorporated 08/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Dr Marcus Christopher Horsley

director · Since 08/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 4 other boards

Mr Timothy William Meggs

director · Since 08/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Alexander Gareth Salter Williams

director · Since 08/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 2 other boards

Persons with Significant Control

Wraith Axiom Holdings Limited

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

C/O Clarus Knight 3rd Floor, 6-8 Bonhill Street, London, EC2A 4BX

Reg: 15694270 · Companies House · Private Limited Company

Notified 23/05/2024

Former PSCs

Mr Timothy William Meggs

Ceased 23/05/2024

Mr Alexander Gareth Salter Williams

Ceased 23/05/2024

Dr Marcus Christopher Horsley

Ceased 23/05/2024

CompanyRankvs 136343+ SIC 82990 peers
24

Financial strength4th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 29/02/2024

Net Worth

-£72k

Balance sheet strength

Cash

£323

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£4k

Current Liabilities

£80k

Fixed Assets

£5k

Debtors

£3k

3avg. employees

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£72k
Signed by Mr Marcus Horsley 25/03/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.05

Derived from filed accounts. Not audited figures.