More2 Limited
04444261
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/10/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 22 other boards
director · Since 16/05/2025
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 49
Also on 22 other boards
director · Since 16/05/2025
DIRECTOR
BRITISH,AMERICAN · UNITED KINGDOM · Age 53
Also on 14 other boards
Persons with Significant Control
More2 Holdings Limited
Avalon, Oxford Road, Bournemouth, BH8 8EZ
Reg: 09721267 · Companies House · Company Limited By Shares
Notified 06/04/2016
Former PSCs
More2 Holdings Limited
Ceased 20/10/2022
Charges4 outstanding
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES)
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES)
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES)
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES)
HSBC BANK PLC
CompanyRankvs 18750+ SIC 73110 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
is a material uncertainty which indicates the uncertainty to the group's ability to meet financial covenant tests which in turn may cast doubt over the company's ability to continue as a going concern, The directors have identified continuous cost reduction activities to ensure that the business meets its obligations through restructuring and remedial activity whilst also investing in
Key FinancialsYear ending 31/03/2025
Net Worth
£15.1M
Balance sheet strength
Cash
£7k
Cash in the bank
Profit Before Tax
£1.7M
Bottom line earnings
Net Current Assets
£14.4M
Working capital
Current Assets
£17.9M
Current Liabilities
£3.6M
Fixed Assets
£826k
Debtors
£17.9M
Admin Expenses
£9.3M
Profit After Tax
£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.02 | +£2.0M |
| 2024 | 6.76 | +£3.7M |
| 2022 | 5.28 | +£2.8M |
| 2021 | 4.05 | +£2.8M |
| 2020 | 3.17 | -£1.2M |
| 2019 | 2.97 | — |
Derived from filed accounts. Not audited figures.