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Jalite Public Limited Company

01756315

active
Public Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WINS HOUSE BENTALLS, BASILDON, SS14 3BS
Incorporated 27/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Nicholas James Creak

secretary · Since 18/04/2017

Mr Nicholas James Creak

director · Since 18/04/2017

ECONOMIST

SWISS,BRITISH · SWITZERLAND · Age 52

Also on 3 other boards

Mrs Judith Creak

director · Since 12/02/2021

NONE

BRITISH · UNITED KINGDOM · Age 75

Miss Hayley Bishop

director · Since 23/03/2026

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mrs Judith Creak

50–75% shares
50–75% votes
Appoint directors

English · Switzerland · Age 75

Millhouse, 32-38 East Street, Rochford, SS4 1DB

Notified 04/01/2021

Former PSCs

Mr John William Creak

Ceased 08/01/2021

Mr Douglas Alexander Henderson

Ceased 28/09/2018

Mr James Joseph Creak

Ceased 28/09/2018

CompanyRankvs 88956+ SIC 82990 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

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.

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

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

Going Concern Doubt

to provide a basis for our opinion. Page 6 JALITE PUBLIC LIMITED COMPANY INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JALITE PUBLIC LIMITED COMPANY (CONTINUED) Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements, which indiacte that the company incurred a net loss during the year and that its liabilities exceeds its assets. These events a

Key FinancialsYear ending 31/12/2024

Turnover

£727k

Annual revenue

Net Worth

-£400k

Balance sheet strength

Cash

£106k

Cash in the bank

Profit Before Tax

-£83k

Bottom line earnings

Net Current Assets

-£410k

Working capital

Current Assets

£564k

Current Liabilities

£975k

Fixed Assets

£18k

Debtors

£328k

Cost of Sales

£360k

Gross Profit

£366k

Admin Expenses

£338k

Operating Profit

-£68k

Profit After Tax

-£83k

18avg. employees

People Costs

Wages & salaries£336k
NI contributions£22k

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£10k
Assets less current liabilities-£392k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58+£0
20240.58-£83k
20230.56-£970k
20211.15

Derived from filed accounts. Not audited figures.