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Solutions For Business Limited

04884567

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 RICHMOND ROAD, LANCASHIRE, FY8 1PE
Incorporated 02/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr David Harding

director · Since 02/09/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Mr Ryan Bradley

director · Since 12/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 6 other boards

Persons with Significant Control

Mr David Harding

25–50% shares

British · United Kingdom · Age 59

1 Richmond Road, Lancashire, FY8 1PE

Notified 06/04/2016

P1 Developments Limited

25–50% shares

1, Richmond Road, Lytham St. Annes, FY8 1PE

Reg: 11314508 · England And Wales · Private Company Limited By Shares

Notified 26/09/2018

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 10/12/2003Registered 13/12/2003Satisfied 23/07/2018

CompanyRankvs 71+ SIC 61900 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.83× · 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.

Employees15/15 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 30/06/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.4M

Current Liabilities

£414k

Fixed Assets

£7k

Debtors

£467k

26avg. employees-5

Tax at Year End

Corp tax£128k
VAT£84k

Director Loans

Company owes directors£84k
Directors owe company£11k

Balance Sheet

Assets less current liabilities£2.0M
Signed by Mr David Harding 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.83+£317k£1.7M
20245.62-£141k£1.6M
20237.33-£159k£2.1M
20229.26+£141k£1.4M
20218.18+£392k£1.2M
20206.40+£403k£1.3M
20193.98

Derived from filed accounts. Not audited figures.