Explain Market Research Limited
02880683
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 18/06/2025
Due 02/07/2026
Industry
Officers
director · Since 03/01/2011
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 58
Also on 4 other boards
director · Since 23/12/2019
RESEARCH DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
director · Since 23/12/2019
RESEARCH DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
director · Since 23/12/2019
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Persons with Significant Control
Explain Holdings Limited
Earl Grey House, Level 2, Newcastle Upon Tyne, NE1 6EF
Reg: 11983414 · England And Wales · Limited Company
Notified 23/12/2019
Mrs Kim Louise Davis
British · England · Age 50
Earl Grey House, Level 2, Newcastle Upon Tyne, NE1 6EF
Notified 23/12/2019
Former PSCs
Mr David James Shiel
Ceased 23/12/2019
Mrs Gillian Shiel
Ceased 23/12/2019
Charges0 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
HSBC BANK PLC
LLOYDS BANK PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
CompanyRankvs 400+ SIC 73200 peers89
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£901k
Balance sheet strength
Cash
£639k
Cash in the bank
Net Current Assets
£687k
Working capital
Current Assets
£1.1M
Current Liabilities
£526k
Fixed Assets
£281k
Debtors
£487k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.14 | +£54k |
| 2024 | 2.26 | +£239k |
| 2023 | 1.76 | -£152k |
| 2022 | 2.39 | +£242k |
| 2021 | 2.76 | +£514k |
| 2020 | 4.11 | +£0 |
| 2019 | 2.41 | — |
Derived from filed accounts. Not audited figures.