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Finance Recruitment Solutions Ltd

05243934

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

9-10 SCIROCCO CLOSE, NORTHAMPTON, NN3 6AP
Incorporated 28/09/2004

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 29/03/2025

Due 12/04/2026

Overdue

Industry

78109
Other activities of employment placement agencies

Officers

Mr Naresh Bhago Patel

secretary · Since 29/09/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 9 other boards

Mr Naresh Bhago Patel

director · Since 29/09/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 9 other boards

Persons with Significant Control

Naresh Patel Holdings Ltd

75–100% shares
75–100% votes

30, Queensbridge, Northampton, NN4 7BF

Reg: 11571018 · Companies House · Limited Company

Notified 21/09/2018

Former PSCs

Ms Helen Preston

Ceased 22/03/2022

Mr Naresh Bhago Patel

Ceased 21/09/2018

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 14/09/2011Registered 17/09/2011Satisfied 07/12/2021
charge
satisfied

BARCLAYS BANK PLC

Created 14/09/2011Registered 17/09/2011Satisfied 07/12/2021
charge
satisfied

BARCLAYS BANK PLC

Created 14/09/2011Registered 17/09/2011Satisfied 07/12/2021

Insolvency History1 case

creditors voluntary liquidation26/11/2025

Gary Steven Pettit (practitioner)

CompanyRankvs 15+ SIC 78109 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£77k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£386k

Current Liabilities

£244k

Fixed Assets

£12k

Debtors

£386k

12avg. employees-2

Balance Sheet

Bank loans & overdrafts£78k
Assets less current liabilities£155k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.58-£5k
20231.61

Derived from filed accounts. Not audited figures.