Northern Balance Ltd
04635154
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/05/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 19 other boards
director · Since 31/05/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 5 other boards
director · Since 31/05/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 20 other boards
Persons with Significant Control
Gem Scientific 2014 Ltd
Unit 301 Batley Enterprise Centre, Bradford Road, Batley, WF17 8LL
Reg: 09304255 · England · Private Limited Company
Notified 25/11/2016
Charges0 outstanding
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SOLINGEN PRIVATE EQUITY NO. 1 LIMITED PARTNERSHIP
CompanyRankvs 56+ SIC 33130 peers75
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£2.4M
Annual revenue
Net Worth
£778k
Balance sheet strength
Cash
£346k
Cash in the bank
Profit Before Tax
£16k
Bottom line earnings
Net Current Assets
£484k
Working capital
Current Assets
£1.2M
Current Liabilities
£671k
Fixed Assets
£536k
Debtors
£716k
Cost of Sales
£854k
Gross Profit
£1.6M
Admin Expenses
£1.6M
Operating Profit
£28k
Profit After Tax
-£13k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.72 | -£13k |
| 2023 | 1.85 | +£8k |
| 2022 | 1.94 | +£86 |
| 2022 | 2.20 | +£27k |
| 2021 | 2.08 | +£157k |
| 2020 | 1.93 | — |
Derived from filed accounts. Not audited figures.