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Addwell Systems Limited

03535485

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

82 BRENTWOOD ROAD, ESSEX, RM1 2EL
Incorporated 26/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46660
Wholesale of other office machinery and equipment
82990
Other business support service activities

Officers

Mrs Anne Miles

secretary · Since 26/03/1998

BRITISH · ENGLAND · Age 73

Mr Michael Alan Miles

director · Since 26/03/1998

BUSINESS EQUIPMENT SALESMAN

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Reginald Ian Andrew

director · Since 01/06/1999

SERVICE ENGINEER

BRITISH · ENGLAND · Age 73

Also on 1 other board

Persons with Significant Control

Mr Michael Alan Miles

Significant control

British · England · Age 71

82 Brentwood Road, Essex, RM1 2EL

Notified 06/04/2016

Mr Reginald Ian Andrew

Significant control

British · England · Age 73

82 Brentwood Road, Essex, RM1 2EL

Notified 06/04/2016

CompanyRankvs 64+ SIC 46660 peers
79

Financial strength68th percentile among SIC peers · 17/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£42k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£68k

Current Liabilities

£32k

Fixed Assets

£7k

Debtors

£22k

5avg. employees

Tax at Year End

Corp tax£607

Balance Sheet

Assets less current liabilities£43k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.11-£9k
20242.53-£21k
20233.46—

Derived from filed accounts. Not audited figures.