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Erfan Wardak & Co Accountants Ltd

15268990

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

Details

20 BROUGHTON AVENUE, LUTON, LU3 2AR
Incorporated 08/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Ghulam Sanayee

director · Since 08/11/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Ghulam Sanayee

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

British · England · Age 49

20, Broughton Avenue, Luton, LU3 2AR

Notified 08/11/2023

CompanyRankvs 35264+ SIC 69201 peers
15

Financial strength10th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 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 strength3/25 pts

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

Employees2/15 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 the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa

Key FinancialsYear ending 30/11/2024

Net Worth

-£950

Balance sheet strength

Cash

£6

Cash in the bank

Net Current Assets

£6

Working capital

Current Assets

£6

Current Liabilities

£956

0avg. employees
Signed by Mr G Sanayee,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.