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Expd8 Solutions Ltd

04180796

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

DEVONSHIRE BUSINESS CENTRE, LETCHWORTH GARDEN CITY, SG6 1GJ
Incorporated 16/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Peter Stewart Bailey Bsc Aca Mba

director · Since 20/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 13 other boards

Persons with Significant Control

Izit Group Limited

75–100% shares
75–100% votes

1, Brunswick Square, Bristol, BS2 8PE

Reg: 06906414 · Companies House · Limited Company

Notified 20/12/2019

Former PSCs

Mr Ian Fisk

Ceased 20/12/2019

Mr Vincent Michael Adrian Gill

Ceased 20/12/2019

CompanyRankvs 20180+ SIC 62090 peers
86

Financial strength93th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2018Expd8 Solutions Ltd
86
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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 28/03/2020

Net Worth

£332k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£328k

Working capital

Current Assets

£389k

Current Liabilities

£61k

Fixed Assets

£4k

Debtors

£380k

4avg. employees

Tax at Year End

Corp tax£37k
VAT£14k

Director Loans

Company owes directors£100

Balance Sheet

Assets less current liabilities£332k
Signed by Mr Peter Bailey 19/03/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20206.35+£455k£282k
2019-2.15——

Derived from filed accounts. Not audited figures.