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L42 Ltd

15644961

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SUITES 404/405 96, KENSINGTON HIGH STREET, LONDON, W8 4SG
Incorporated 14/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Mohammad Emad Mostaque

director · Since 14/04/2024

FOUNDER

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Mohammad Emad Mostaque

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

British · United Kingdom · Age 43

20, Wenlock Road, London, N1 7GU

Notified 14/04/2024

CompanyRankvs 92001+ SIC 62020 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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92001L42 Ltd
34
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£2.6M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.7M

Working capital

Current Assets

£263k

Current Liabilities

£3.0M

Fixed Assets

£24k

15avg. employees

Balance Sheet

Assets less current liabilities-£2.7M
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.09

Derived from filed accounts. Not audited figures.