Exchequer Solutions Limited
04749739
Details
Compliance
Last accounts
31/12/2022
full
Next accounts due
30/09/2024
Confirmation statement
Last: 01/06/2024
Due 15/06/2025
Industry
Officers
director · Since 01/05/2003
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 80
Also on 6 other boards
director · Since 01/05/2003
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 8 other boards
director · Since 01/07/2009
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 3 other boards
director · Since 01/07/2009
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 3 other boards
director · Since 05/08/2013
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 6 other boards
Persons with Significant Control
Mr Rodney William Kavanagh
British · England · Age 80
Exchequer Solutions Suite 3, The Exchange, Suite 3, The Exchange, Chester, CH1 1DA
Notified 30/09/2016
Former PSCs
Mrs Sandra Beryl Kavanagh
Ceased 28/05/2024
Charges0 outstanding
Lloyds Bank PLC
Aldermore Bank PLC
Insolvency History1 case
Rochelle Schofield (practitioner) · Mike Dillon (practitioner)
CompanyRankvs 15+ SIC 82990 peers22
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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
Insolvency history: -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 concern are d
Key FinancialsYear ending 31/12/2022
Turnover
£120.6M
Annual revenue
Net Worth
£594k
Balance sheet strength
Cash
£5.8M
Cash in the bank
Profit Before Tax
-£17k
Bottom line earnings
Net Current Assets
£554k
Working capital
Current Assets
£7.0M
Current Liabilities
£6.4M
Fixed Assets
£50k
Debtors
£1.2M
Cost of Sales
£118.6M
Gross Profit
£1.9M
Admin Expenses
£1.6M
Operating Profit
-£130k
Profit After Tax
-£20k
Tax at Year End
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.09 | -£344k |
| 2021 | 1.13 | -£63k |
| 2020 | 1.16 | — |
Derived from filed accounts. Not audited figures.