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Literal Labs Ltd

14746541

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR MAYBROOK HOUSE, NEWCASTLE UPON TYNE, NE1 5JE
Incorporated 21/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Alexandre Yakovlev

director · Since 21/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Cambridge Future Tech Ltd

director · Since 21/03/2023

Also on 12 other boards

Mr. Noel Francis Hurley

director · Since 25/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Jeremy Piers Davies

director · Since 22/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Ms Khadija Ashfaq

director · Since 30/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 2 other boards

Ms Esha Vatsa

director · Since 30/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr George Mensah

director · Since 01/10/2025

INVESTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Mr James Darragh

director · Since 04/03/2026

ENGLISH · ENGLAND · Age 53

Also on 16 other boards

Persons with Significant Control

Former PSCs

Dr Rishad Ahmed Shafik

Ceased 18/08/2023

Alexandre Yakovlev

Ceased 18/08/2023

Newcastle University Holdings Limited

Ceased 22/01/2025

CompanyRankvs 8800+ SIC 62090 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 41.41× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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880Literal Labs Ltd
77
How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

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

in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/03/2025

Net Worth

£2.8M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£2.9M

Current Liabilities

£70k

Fixed Assets

£32k

Debtors

£33k

10avg. employees+5

Balance Sheet

Intangible assets£28k
Assets less current liabilities£2.8M
Signed by Mr N Hurley,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202541.41+£2.3M
20247.07—

Derived from filed accounts. Not audited figures.