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Eft Systems Limited

01172575

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

COBDEN HOUSE, SOUTHPORT, PR9 7TR
Incorporated 04/06/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Jordan Helen Ellis Duggan

director · Since 06/04/2009

MANAGER

BRITISH · UNITED KINGDOM · Age 46

Mr Adam Thornhill Watts Ba

director · Since 06/04/2009

SALES DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mrs Kyla Watts

director · Since 20/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Eft Group Limited

Significant control

Cobden House, 39a Cobden Road, Southport, PR9 7TR

Reg: 09518199 · 39a Cobden Road ,Southport Pr9 7tr · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/09/2020Registered 22/09/2020
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/2009Registered 04/04/2009
charge
satisfied

BARCLAYS BANK PLC

Created 26/01/1984Registered 01/02/1984

CompanyRankvs 3413+ SIC 96090 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£11.4M

Annual revenue

Net Worth

£1.5M

Balance sheet strength

Cash

£437k

Cash in the bank

Profit Before Tax

£540k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£3.7M

Current Liabilities

£2.5M

Fixed Assets

£509k

Debtors

£3.2M

Cost of Sales

£6.7M

Gross Profit

£4.7M

Admin Expenses

£4.1M

Operating Profit

£554k

Profit After Tax

£403k

101avg. employees-9

Tax at Year End

Corp tax£163k
Dividends paid£960k

People Costs

Wages & salaries£3.9M
NI contributions£334k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50-£556k
20231.84+£481k
20221.60+£358k
20211.51-£328k
20201.66-£88k
20191.43

Derived from filed accounts. Not audited figures.