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Fineit Solutions Limited

04518892

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

26 STATION ROAD, BARNET, EN5 1QW
Incorporated 27/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Ashok Manibhai Patel

secretary · Since 28/08/2002

BRITISH · Age 84

Mr Jayesh Patel

director · Since 28/08/2002

CONSULTANT

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Jayesh Patel

75–100% shares

British · England · Age 54

26, Station Road, Barnet, EN5 1QW

Notified 05/08/2016

CompanyRankvs 6056+ SIC 62020 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 12.65× · 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 strength24/25 pts

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

Employees5/15 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 31/03/2025

Net Worth

£224k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£218k

Current Liabilities

£17k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£224k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202512.65+£54k
202416.45+£16k
202314.75-£43k
202216.62-£50k
20213.77+£78k
20206.54+£30k
20196.08

Derived from filed accounts. Not audited figures.