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Launchequal Limited

02641834

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

WEAVERS, COLCHESTER, CO3 3TE
Incorporated 30/08/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Alan Gordon White

secretary · Since 26/09/1991

COMPUTER SOFTWARE CONSULTANT

ENGLISH · ENGLAND · Age 80

Also on 11 other boards

Mr Stephen John Harbrow

director · Since 26/09/1991

ENGINEERING CONSULTANT

BRITISH · ENGLAND · Age 76

Mr Alan Gordon White

director · Since 04/02/1994

BUSINESS CONSULTANT

ENGLISH · ENGLAND · Age 80

Also on 11 other boards

Persons with Significant Control

Mr Alan Gordon White

Significant control
significant-influence-or-control-as-firm

English · England · Age 80

187, Lexden Road, Colchester, CO3 3TE

Notified 01/08/2016

Mr Stephen John Harbrow

Significant control
significant-influence-or-control-as-firm

English · England · Age 76

Weavers, Colchester, CO3 3TE

Notified 01/08/2016

Charges3 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 15/12/1998Registered 23/12/1998
charge
outstanding

MIDLAND BANK PLC

Created 11/02/1994Registered 18/02/1994
charge
outstanding

MIDLAND BANK PLC

Created 01/11/1991Registered 15/11/1991

CompanyRankvs 62883+ SIC 68209 peers
50

Financial strength64th percentile among SIC peers · 16/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.18× · 2/20
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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/05/2025

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£5k

Current Liabilities

£28k

Fixed Assets

£81k

2avg. employees

Balance Sheet

Assets less current liabilities£58k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18+£9k
20240.04+£11k
20230.02+£4k
20220.00-£13k
20210.00

Derived from filed accounts. Not audited figures.