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Smugco Ltd

15331416

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)

Details

UNIT 32 EARLSFIELD BUSINESS CENTRE, LONDON, SW18 4LT
Incorporated 06/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Stephen John Merry

director · Since 06/12/2023

CO-FOUNDER

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Stephen John Merry

Significant control

British · United Kingdom · Age 46

Unit 32, Earlsfield Business Centre, Unit 32, 9, Lydden Road, London, SW18 4LT

Notified 06/12/2023

Former PSCs

Mr Ugo Galelli

Ceased 21/01/2025

CompanyRankvs 20707+ SIC 56290 peers
22

Financial strength8th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
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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20707Smugco Ltd
21
How is this score calculated?
Financial strength2/25 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.

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

-£38k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

—

Current Liabilities

£38k

Debtors

£2

0avg. employees

Balance Sheet

Assets less current liabilities-£38k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024