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Implicit Labs Limited

15033531

active
Private Limited Company
england wales
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)

Details

THE BASEMENT GOODMAYES HOUSE, ILFORD, IG3 9UF
Incorporated 27/07/2023

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

58290
Other software publishing
62012
Business and domestic software development
62020
Information technology consultancy activities
70229
Management consultancy activities

Officers

Fraser Edwards

director · Since 27/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Javed Khattak

director · Since 27/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Javed Khattak

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

The Basement Goodmayes House, 45-49 Goodmayes Road, Ilford, IG3 9UF

Notified 27/07/2023

Fraser Edwards

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 34

The Basement Goodmayes House, 45-49 Goodmayes Road, Ilford, IG3 9UF

Notified 27/07/2023

Mr Eduardo Hiroshi Hotta

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

The Basement Goodmayes House, 45-49 Goodmayes Road, Ilford, IG3 9UF

Notified 01/10/2025

Former PSCs

Ankur Banerjee

Ceased 01/10/2025

CompanyRankvs 7936+ SIC 58290 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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7936Implicit Labs Limited
25
How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/07/2025

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£27k

Current Liabilities

£40k

Fixed Assets

£7k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£0
20250.67—
20240.77—

Derived from filed accounts. Not audited figures.