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Algo1 Ltd

14770442

active
Private Limited Company
england wales
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)

Details

8 BEDFORD SQUARE, LONDON, WC1B 3RA
Incorporated 30/03/2023

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/03/2026

Due 12/04/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr Simon Elliot Franks

director · Since 30/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 17 other boards

Mr Luke Willis

secretary · Since 19/09/2025

Persons with Significant Control

Mr Simon Franks

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

British · England · Age 55

8, Bedford Square, London, WC1B 3RA

Notified 30/03/2023

CompanyRankvs 60976+ SIC 62090 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees41th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 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.

Liquidity0/20 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 31/12/2024

Net Worth

-£556k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10.7M

Working capital

Current Assets

Current Liabilities

£10.7M

Fixed Assets

£10.1M

Debtors

£67k

1avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£320k
20230.00

Derived from filed accounts. Not audited figures.