USEBANK LTD

Company number 05457468 · Active

USEBANK LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 19 May 2005. Its registered activity is construction of other civil engineering projects n.e.c.. Its latest published accounts for the period ending 31 May 2025 show equity of £296k, total assets of £1.1m. It has filed 7 sets of accounts, 5 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Region0.6×N · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05457468 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
19 May 2005 (21 years)
Registered address
N3 1DH LONDON
Postcode area
London North
Activity
42990 Construction of other civil engineering projects n.e.c.
Industry
Civil engineering
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026– –£296k£1.1m £606k£218k0
31 May 202415 May 2025– –£54k£1.0m £645k£29k0
31 May 202315 May 2024– –£46k£1.0m £355k£2,5250
31 May 202215 Aug 2023– –−£105k£1.2m £465k£79k0
31 May 202115 Aug 2022– –−£234k£1.2m £560k£92k0
31 May 202015 Aug 2021– –−£288k£1.2m £545k£70k0
31 May 201915 Feb 2020– –£663k£2.2m £462k£30k–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in London North

Questions about USEBANK LTD

What is the company number of USEBANK LTD?

USEBANK LTD is registered under company number 05457468 in the official register of United Kingdom. View it at the official register.

Is USEBANK LTD still active?

Yes. USEBANK LTD is registered as active (status: Active).

Has USEBANK LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for USEBANK LTD in the official data.

How likely is USEBANK LTD to become insolvent?

Our model estimates a 0.01 % probability that USEBANK LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was USEBANK LTD founded?

USEBANK LTD was incorporated on 19 May 2005.

Where is USEBANK LTD registered?

USEBANK LTD's registered address is in N3 1DH LONDON (London North), United Kingdom.

What do the latest accounts of USEBANK LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £296k, total assets of £1.1m, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.