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Algaesys Limited

15741642

active
Private Limited Company
england wales
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

176 FRANCISCAN ROAD, LONDON, SW17 8HH
Incorporated 25/05/2024

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/05/2025

Due 07/06/2026

On track

Industry

36000
Water collection, treatment and supply

Officers

Algaesys S.A.

director · Since 25/05/2024

Mr John David Fagan

director · Since 25/05/2024

CEO / ENGINEER

AUSTRALIAN · PORTUGAL · Age 72

Mr Gregory Charles Turner

director · Since 25/05/2024

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Dr Mahshid Sedghi

director · Since 01/10/2025

DIRECTOR

IRANIAN · PORTUGAL · Age 36

Persons with Significant Control

Mr John David Fagan

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

Australian · Portugal · Age 72

Estrada Municipal 502 (Em502 1), Armazem N 1, Alcochete, 2890-499

Notified 25/05/2024

CompanyRankvs 1201+ SIC 36000 peers
26

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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.

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

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£325

Working capital

Current Assets

£330k

Current Liabilities

£334k

Balance Sheet

Assets less current liabilities-£325
Signed by Mr J D Fagan 01/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.99

Derived from filed accounts. Not audited figures.