Algorhythmz Ltd
- Small
- Active
- 4 years
- 1 employee
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Algorhythmz Ltd from London UK is a small, active company founded four years ago. It’s a solo venture employing just one person, operating from a virtual address. The company is led by a single director and owner, Saghir Wael.
The company’s website showcases a consultancy focused on innovation and technology solutions. It offers services like "SMART Business," "SMART Learning," and "SMART Tech," targeting industries like hospitality, education, and real estate. It seems to be more of a consultancy and advisory firm rather than a traditional e-commerce business, with no obvious online store or product listings. The site emphasizes bespoke strategies and expert guidance, positioning itself as a partner for businesses seeking to "leap into the future."
Financially, Algorhythmz Ltd presents a mixed picture. While it's a small company (meeting two of three conditions for size), its financial health appears fragile. Cash reserves have plummeted by a staggering 90%, falling to just £45, and net assets have shrunk by 58% to -£1,100. Liabilities have decreased, which is a positive sign, but the significant drop in equity suggests the company is burning through cash. Creditors have also fallen, which is good. The company's property, plant, and equipment has also decreased. It's worth noting that the company is exempt from an audit, so the figures are unaudited.
The company’s focus on consultancy and advisory services may explain the lean operation, but the declining cash reserves and negative equity raise concerns about its long-term sustainability. The company's director, Saghir Wael, will need to carefully manage its finances to ensure its survival.
Registered in England/Wales under the registration number 12915254, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Saghir Wael
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Saghir Wael
- 4 years
-
Resident of Lebanon
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Total exemption full accounts made up to 2024-09-30Download 8 pages pdf report
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Confirmation statement made on 2024-09-07 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 8 pages pdf report
FAQ about Algorhythmz Ltd
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