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Minds Education Ltd

15527771

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)
  • Going concern doubt noted in accounts (-10)

Details

203 LONDON ROAD, BENFLEET, SS7 2RD
Incorporated 28/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services

Officers

Mr David Hall

director · Since 28/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Mr Tamunotonye Selema

director · Since 28/02/2024

TEACHER

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Mr David Hall

25–50% shares
25–50% votes

British · United Kingdom · Age 32

203 London Road, Hadleigh, Benfleet, SS7 2RD

Notified 28/02/2024

Mr Tamunotonye Selema

25–50% shares
25–50% votes

British · United Kingdom · Age 31

203 London Road, Hadleigh, Benfleet, SS7 2RD

Notified 28/02/2024

CompanyRankvs 19166+ SIC 85600 peers
28

Financial strength9th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees13/15 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.

Longevity2/15 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 in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

-£7k

Balance sheet strength

Cash

£877

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£10k

Current Liabilities

£17k

Debtors

£9k

3avg. employees

Director Loans

Company owes directors£13k

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr David Hall 8th April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.58

Derived from filed accounts. Not audited figures.