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Honestly Bad Ltd

15861012

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

27 MORTIMER STREET, LONDON, W1T 3BL
Incorporated 26/07/2024

Compliance

Next accounts due

26/07/2026

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

10890
Manufacture of other food products

Officers

Mr Bryn Joseph Williams

director · Since 26/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Ms Jillian Joelle Gerngross

director · Since 01/03/2025

AMERICAN · ENGLAND · Age 44

Persons with Significant Control

Mr Bryn Joseph Williams

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

British · England · Age 44

27, Mortimer Street, London, W1T 3BL

Notified 26/07/2024

CompanyRankvs 2984+ SIC 10890 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees65th percentile among SIC peers · 10/15
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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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.

Employees10/15 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 31/07/2025

Net Worth

-£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£3k

Current Liabilities

£29k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£25k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.09

Derived from filed accounts. Not audited figures.