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Andolite Limited

04299363

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

3A FITZGILBERT COURT CASTLEDOWN BUSINESS PARK, ANDOVER, SP11 9FA
Incorporated 04/10/2001

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/09/2025

Due 12/10/2026

On track

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Paul James Need

director · Since 22/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Mr Paul James Need

75–100% shares
75–100% votes

British · England · Age 62

16, Cypress Gardens, London, SE4 2FB

Notified 22/11/2022

Former PSCs

Mr Brendan Pain

Ceased 22/11/2022

Mr Alan William Good

Ceased 22/11/2022

Insolvency History1 case

creditors voluntary liquidation21/04/2026

Nicola Jayne Fisher (practitioner) · Christopher Herron (practitioner)

CompanyRankvs 222+ SIC 27120 peers
50

Financial strength68th percentile among SIC peers · 17/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees11/15 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£122k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£97k

Current Liabilities

£230k

Fixed Assets

£14k

5avg. employees

Balance Sheet

Assets less current liabilities£120k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£100k
20230.80

Derived from filed accounts. Not audited figures.