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Mushambi & Associates Limited

14686488

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 3 NORTH LONDON BUSINESS PARK, LONDON, N11 1GN
Incorporated 24/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Tafadzwa George Mushambi

director · Since 24/02/2023

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Tafadzwa George Mushambi

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

British · England · Age 40

Building 3, North London Business Park, London, N11 1GN

Notified 24/02/2023

CompanyRankvs 30281+ SIC 69201 peers
23

Financial strength1th percentile among SIC peers · 0/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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 director has 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 c

Key FinancialsYear ending 31/03/2025

Net Worth

-£91k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£4k

Current Liabilities

£71k

Debtors

£897

5avg. employees-1

Tax at Year End

VAT£11

Director Loans

Company owes directors£24k

Balance Sheet

Assets less current liabilities-£67k
Signed by Mr Tafadzwa George Mushambi 25 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06-£51k£220
20240.87

Derived from filed accounts. Not audited figures.