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Design It Solutions Limited

03906235

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

HIGH EDGE COURT CHURCH STREET, NEAR BELPER, DE56 2BW
Incorporated 13/01/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80200
Security systems service activities

Officers

Mr Kevin Daniel Mcdonald

director · Since 01/09/2014

CHAIRMAN

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mr Andrew James Baum

director · Since 23/09/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Mrs Michelle Ann Mucklestone

secretary · Since 01/01/2019

Persons with Significant Control

Soncell International Ltd.

75–100% shares

High Edge Court, Church Street, Belper, DE56 2BW

Reg: 05655228 · Companies House · Soncell International Ltd.

Notified 06/04/2016

Former PSCs

Mr Kevin Daniel Mcdonald

Ceased 06/04/2016

Mr Michael John Beale

Ceased 06/04/2016

Mr Paul Brown

Ceased 12/05/2017

Mr Melvin Stuart Sheldon

Ceased 31/01/2018

Bowmer & Kirkland Ltd.

Ceased 06/04/2016

Mr Andrew James Baum

Ceased 23/09/2018

Mrs Michelle Ann Mucklestone

Ceased 01/01/2019

Charges1 outstanding

charge
outstanding

INVISTA FOUNDATION PROPERTY LIMITED

Created 06/06/2011Registered 10/06/2011
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 03/03/2005Registered 12/03/2005Satisfied 26/03/2010

CompanyRankvs 541+ SIC 80200 peers
59

Financial strength54th percentile among SIC peers · 14/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.12× · 20/20
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 strength14/25 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.

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.

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

months from the approval of these financial statements. In light of the directors assessment of the liquidity of the business they do not consider there to be any material uncertainty relating to going concern and have continued to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received o

Key FinancialsYear ending 31/08/2022

Net Worth

£4k

Balance sheet strength

Cash

£3.0M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.7M

Fixed Assets

£66k

Debtors

£281k

22avg. employees+2

Tax at Year End

Corp tax£11k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20222.12+£0
20212.02+£0
20202.00

Derived from filed accounts. Not audited figures.