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Speed String Ltd.

04331361

active
ltd
england wales
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)

Details

5 Egdon Drive, Luton, Bedfordshire, LU2 7AZ
Incorporated 29/11/2001

Previously known as

Palomar Properties Limited · until 15/02/2006

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/11/2025

Due 08/12/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Michael John Greaves

secretary · Since 04/02/2006

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Mr David Michael Greaves

director · Since 04/02/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Michael John Greaves

secretary · Since 04/02/2006

British

David Michael Greaves

director · Since 04/02/2006

British · United Kingdom · Age 37

Persons with Significant Control

Mr David Michael Greaves

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 37

5 Egdon Drive, Luton, LU2 7AZ

Notified 06/04/2016

Change History

statusactive
2026-06-27

Active

typeltd
2026-06-27

Private Limited Company

address line15 Egdon Drive
2026-06-27

5 EGDON DRIVE

post townBedfordshire
2026-06-27

BEDFORDSHIRE

CompanyRankvs 43734+ SIC 96090 peers
53

Financial strength50th percentile among SIC peers · 13/25
Employees69th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
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 strength13/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£837

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£877

Working capital

Current Assets

£3k

Current Liabilities

Fixed Assets

£2k

2avg. employees
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearCurrent Ratio
20232.70

Derived from filed accounts. Not audited figures.