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Yz Systems Ltd

05263022

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

NORTH HYLTON ROAD, SUNDERLAND, SR5 3JD
Incorporated 18/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment
62012
Business and domestic software development
71121
Engineering design activities for industrial process and production

Officers

Mr Michael Joseph Scheske

director · Since 01/09/2022

ACCOUNTANT

AMERICAN · UNITED STATES · Age 39

Also on 17 other boards

Mr Andrew Roger Schiesl

director · Since 01/09/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 54

Also on 12 other boards

Persons with Significant Control

Haskel Europe Ltd

75–100% shares
75–100% votes
Appoint directors

North Hylton Road, North Hylton Road, Sunderland, SR5 3JD

Reg: 01278832 · Companies House · Private Limited Company

Notified 01/09/2022

Former PSCs

Mr Carl Duncan Burgess

Ceased 01/09/2022

Mr Andrew Ridge

Ceased 01/09/2022

CompanyRankvs 5350+ SIC 26512 peers
51

Financial strength21th percentile among SIC peers · 5/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.38× · 2/20
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 strength5/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£20

Balance sheet strength

Cash

£157k

Cash in the bank

Net Current Assets

-£3.4M

Working capital

Current Assets

£2.0M

Current Liabilities

£5.4M

Fixed Assets

£1.3M

Debtors

£1.2M

32avg. employees+5

Tax at Year End(2019)

Corp tax£11k

Director Loans(2020)

Directors owe company£7k

Balance Sheet

Intangible assets£843k
Assets less current liabilities-£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38
20230.41
20220.35
20211.94-£54k
20201.90+£7k
20195.52-£36k
20181.71+£35k
20161.68

Derived from filed accounts. Not audited figures.