Back to search

Linseed Projects Ltd

15282657

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)

Details

UNIT B1, LONDON, E9 5LN
Incorporated 14/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47781
Retail sale in commercial art galleries

Officers

Mengtong Zhang

director · Since 14/11/2023

DIRECTOR

CHINESE · ENGLAND · Age 32

Ms Lingzhi Zhuang

director · Since 01/06/2025

DIRECTOR

CHINESE · CHINA · Age 39

Persons with Significant Control

Mengtong Zhang

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

Chinese · England · Age 32

Unit B1, Wallis Road, London, E9 5LN

Notified 14/11/2023

CompanyRankvs 2046+ SIC 47781 peers
30

Financial strength16th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

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 30/11/2024

Net Worth

-£14k

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£70k

Current Liabilities

£90k

Fixed Assets

£7k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities-£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.79

Derived from filed accounts. Not audited figures.