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Chemalytix Ltd

15454491

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

31 NEWELL ROAD, HEMEL HEMPSTEAD, HP3 9PB
Incorporated 30/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Dr. Chirag Hasmukh Patel

director · Since 30/01/2024

SALES DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Kinnari Patel

director · Since 30/01/2024

ADMINISTRATOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mrs Kinnari Patel

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

British · England · Age 47

31, Newell Road, Hemel Hempstead, HP3 9PB

Notified 30/01/2024

Dr. Chirag Hasmukh Patel

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

31, Newell Road, Hemel Hempstead, HP3 9PB

Notified 30/01/2024

CompanyRankvs 15917+ SIC 71122 peers
39

Financial strength29th percentile among SIC peers · 7/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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15917Chemalytix Ltd
38
How is this score calculated?
Financial strength7/25 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.

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 31/01/2025

Net Worth

£100

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£106k

Current Liabilities

£96k

Fixed Assets

£2k

Debtors

£10k

Profit After Tax

£76k

0avg. employees

Tax at Year End

Corp tax£22k
Dividends paid£65k

Balance Sheet

Assets less current liabilities£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.10

Derived from filed accounts. Not audited figures.