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Solutions For Accounting Limited

03501282

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

SHERWOOD HOUSE 7 GREGORY, NOTTINGHAM, NG7 6LB
Incorporated 23/01/1998

Compliance

Last accounts

06/04/2025

total exemption full

Next accounts due

06/01/2027

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr John Stanley Wallis

secretary · Since 23/01/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 68

Also on 27 other boards

Mr Iain David Barker

director · Since 23/01/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Mr John Stanley Wallis

director · Since 23/01/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 68

Also on 27 other boards

Mark Hearne

director · Since 01/09/2002

DIRECTOR

BRITISH · Age 50

Mrs Wendy Jane O'Connor

director · Since 14/06/2004

TAX PARTNER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Sean Philip Graham

director · Since 20/11/2007

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr James William Ingleby

director · Since 01/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mr Gareth Bezant

director · Since 01/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Richard John O'Connor

director · Since 31/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Mrs Michele Patricia Mary Wallis

director · Since 31/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Joanne Elizabeth Barker

director · Since 16/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Mrs Nicola Saville

director · Since 01/04/2025

SALES DIRECTOR

BRITISH · ENGLAND · Age 36

Leonie Harriet Williams

director · Since 01/01/2026

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mrs Joanne Elizabeth Barker

25–50% shares
25–50% votes

British · England · Age 54

Sherwood House 7 Gregory, Nottingham, NG7 6LB

Notified 01/04/2022

Mr Richard John O'Connor

25–50% shares
25–50% votes

British · England · Age 71

Sherwood House 7 Gregory, Nottingham, NG7 6LB

Notified 01/04/2022

Mrs Michele Patricia Mary Wallis

25–50% shares
25–50% votes

British · England · Age 67

Sherwood House 7 Gregory, Nottingham, NG7 6LB

Notified 01/04/2022

Charges1 outstanding

Charge
outstanding

MATTHEW HOBBS

Created 06/04/2023Registered 11/04/2023
charge
satisfied

BARCLAYS BANK PLC

Created 21/12/2006Registered 28/12/2006Satisfied 06/01/2012

CompanyRankvs 15771+ SIC 62020 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.77× · 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 strength25/25 pts

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

Employees15/15 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 06/04/2025

Net Worth

£664k

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£4.1M

Current Liabilities

£5.3M

Fixed Assets

£1.9M

Debtors

£2.4M

75avg. employees+8

Balance Sheet

Intangible assets£1.6M
Assets less current liabilities£678k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£355k
20240.61+£11k
20231.09+£102k
20221.07+£18k
20211.08+£17k
20201.06+£2k
20191.04

Derived from filed accounts. Not audited figures.