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Commerce World Ltd

15208567

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SUITE 53, WATFORD, WD24 4AS
Incorporated 13/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Muhammad Nadeem Akhtar

director · Since 13/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Muhammad Nadeem Akhtar

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

British · United Kingdom · Age 48

Suite 53, 186 St Albans Road, Watford, WD24 4AS

Notified 13/10/2023

CompanyRankvs 26467+ SIC 47910 peers
55

Financial strength68th percentile among SIC peers · 17/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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26467Commerce World Ltd
54
How is this score calculated?
Financial strength17/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£22k

Current Liabilities

£20k

Debtors

£2k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.09

Derived from filed accounts. Not audited figures.