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Equitech Solutions Limited

03340426

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE LIMES, WESTLEY, IP33 3TQ
Incorporated 26/03/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Gail Patricia Smith

secretary · Since 26/03/1997

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mr Richard Alan Smith

director · Since 26/03/1997

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mrs Gail Patricia Smith

director · Since 25/05/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Richard Alan Smith

50–75% shares
50–75% votes

British · United Kingdom · Age 60

The Limes, Fornham Lane, Westley, IP33 3TQ

Notified 06/04/2016

Mrs Gail Patricia Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 61

The Limes, Fornham Lane, Westley, IP33 3TQ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

RICHARD SMITH

Created 18/11/2005Registered 19/11/2005

CompanyRankvs 42263+ SIC 47910 peers
36

Financial strength8th percentile among SIC peers · 2/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.8× · 6/20
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 strength2/25 pts

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

Employees8/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£19k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£59k

Current Liabilities

£74k

Fixed Assets

£39

Debtors

£72

1avg. employees-2

Balance Sheet

Assets less current liabilities-£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£30k
20231.20-£69k
20221.57-£15k
20211.72-£12k
20201.65+£8k
20191.32-£36k
20181.41

Derived from filed accounts. Not audited figures.