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Challenger Solutions Limited

02934399

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 85 HALT WHISTLE ROAD, SOUTH WOODHAM FERRERS, CM3 5ZA
Incorporated 31/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Neil Brian Shakespeare

director · Since 31/05/1994

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 22 other boards

Mr Andrew John Mair

director · Since 01/01/2016

ENGINEER

ENGLISH · ENGLAND · Age 62

Also on 3 other boards

Mr Michael John William Norman

director · Since 15/04/2020

GENERAL MANAGER

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Challenger Solutions Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

85, Haltwhistle Road, Chelmsford, CM3 5ZA

Reg: 09055758 · England & Wales · Limited Company

Notified 06/04/2017

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 3812+ SIC 71129 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.99× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£91k

Cash in the bank

Profit Before Tax

-£209k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£4.3M

Current Liabilities

£2.2M

Fixed Assets

£950k

Debtors

£2.3M

Admin Expenses

£2.5M

Profit After Tax

-£80k

1avg. employees-84

Tax at Year End

Dividends paid£182k

People Costs

Wages & salaries£2.6M

Balance Sheet

Bank loans & overdrafts£271k
Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.99-£960k
20242.25-£332k
20231.87+£629k
20221.80+£42k
20212.73-£40k
20202.02+£27k
20192.93+£293k
20182.27

Derived from filed accounts. Not audited figures.