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People Solutions Resourcing Limited

02396772

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

CELTIC HOUSE, WALSALL, WS1 1YB
Incorporated 20/06/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Matthew Jon Reddy

director · Since 19/08/2005

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 23 other boards

Persons with Significant Control

People Solutions Group Ltd

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm

Celtic House, 135 -140 Hatherton Street, Walsall, WS1 1YB

Reg: 07209051 · England · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/01/2024Registered 19/01/2024
Charge
satisfied

HSBC BANK PLC

Created 23/05/2016Registered 23/05/2016Satisfied 21/01/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/05/2016Registered 11/05/2016
charge
outstanding

HSBC BANK PLC

Created 15/08/2003Registered 21/08/2003

CompanyRankvs 1850+ SIC 78200 peers
63

Financial strength62th percentile among SIC peers · 16/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2020

Net Worth

£4k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£846k

Working capital

Current Assets

£8.5M

Current Liabilities

£7.6M

Debtors

£8.4M

Profit After Tax

£775k

136avg. employees

Tax at Year End

Dividends paid£775k

Balance Sheet

Bank loans & overdrafts£5.6M
Assets less current liabilities£846k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20201.11

Derived from filed accounts. Not audited figures.