Back to search

Economical Investment Limited

02786893

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

496-498 BEARWOOD ROAD, SMETHWICK, B66 4HB
Incorporated 04/02/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Levent Huseyin

director · Since 15/08/2012

DIRECTOR

BRITISH · CYPRUS · Age 40

Persons with Significant Control

Mr Levent Huseyin

25–50% shares
25–50% votes

British · Cyprus · Age 40

496-498, Bearwood Road, Smethwick, B66 4HB

Notified 16/09/2016

Former PSCs

Mrs Teyfide Veli

Ceased 16/12/2019

Charges2 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 13/08/1998Registered 18/08/1998
charge
outstanding

MIDLAND BANK PLC

Created 11/08/1998Registered 18/08/1998

CompanyRankvs 17926+ SIC 68209 peers
66

Financial strength90th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Grange Park Investments Limited
90
3Sherborne Cottage Building Company,Limited(The)
90
4Gaunts Limited
90
5S.E.Redfern Limited
90
6John Horsfall & Sons(Greetland),Limited
90
7British And Foreign Wharf Company Limited(The)
90
8Webb & Son (Combs)Limited
90
9Rookfield Garden Village Limited
90
10Brightholme Property Company Limited(The)
90
17926Economical Investment Limited
76
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

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

Liquidity20/20 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 28/02/2025

Net Worth

£540k

Balance sheet strength

Cash

£328k

Cash in the bank

Net Current Assets

£296k

Working capital

Current Assets

£340k

Current Liabilities

£44k

Fixed Assets

£244k

Debtors

£11k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20257.78+£9k
20247.82+£51k
20237.48—

Derived from filed accounts. Not audited figures.