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Colin Price It Solutions Ltd

03936905

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

4 ABBEY COURT, CONWY, LL30 2AT
Incorporated 01/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Colin Price Bs Hons

director · Since 01/03/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Marjorie Price

secretary · Since 01/06/2005

BRITISH

Persons with Significant Control

Mr Colin Price

75–100% shares

Welsh · Wales · Age 55

4 Abbey Court, Conwy, LL30 2AT

Notified 06/04/2016

CompanyRankvs 85245+ SIC 62020 peers
36

Financial strength6th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.49× · 2/20
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 strength2/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 31/03/2025

Turnover

£270

Annual revenue

Net Worth

-£15k

Balance sheet strength

Cash

£15k

Cash in the bank

Profit Before Tax

-£8k

Bottom line earnings

Net Current Assets

-£16k

Working capital

Current Assets

£15k

Current Liabilities

£31k

Fixed Assets

£525

Gross Profit

£270

Admin Expenses

£8k

Operating Profit

-£8k

Profit After Tax

-£8k

0avg. employees

Balance Sheet

Assets less current liabilities-£15k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49-£8k
20240.67-£6k
20230.90

Derived from filed accounts. Not audited figures.