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Econoland Limited

04179249

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

13 JEROME DRIVE, ST ALBANS, AL3 4LT
Incorporated 14/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
70229
Management consultancy activities

Officers

Nicholas Chivers

director · Since 18/04/2001

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 53

Jessica Hazel Chivers

director · Since 15/06/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Nicholas Chivers

75–100% shares

British · England · Age 53

13, Jerome Drive, St Albans, AL3 4LT

Notified 06/04/2016

Mrs Jessica Hazel Chivers

Significant control

British · England · Age 47

13, Jerome Drive, St Albans, AL3 4LT

Notified 01/04/2021

CompanyRankvs 1647+ SIC 62012 peers
83

Financial strength89th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.71× · 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 strength22/25 pts

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

Employees11/15 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 31/03/2022

Net Worth

£160k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£158k

Working capital

Current Assets

£217k

Current Liabilities

£58k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£160k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20223.71+£54k
20213.25+£47k
20202.45-£26k
20193.18

Derived from filed accounts. Not audited figures.