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Yrg Solutions Limited

05318005

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

20 TRINITY LANE, YORK, YO1 6EL
Incorporated 21/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Mark Charles Gration

secretary · Since 21/12/2004

DESIGN CONSULTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 8 other boards

Mr David Jonathan Cowley

director · Since 21/12/2004

DESIGN CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mr Mark Charles Gration

director · Since 21/12/2004

DESIGN CONSULTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 8 other boards

Mr James Paul Tinker

director · Since 21/12/2004

DESIGN CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 7 other boards

Mr Andrew Mark Woodward

director · Since 21/12/2004

DESIGN CONSULTANT

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Yrg Group Limited

50–75% shares

20, Trinity Lane, York, YO1 6EL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/12/2021Registered 23/12/2021
charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 27/04/2012Registered 01/05/2012Satisfied 21/01/2022

CompanyRankvs 736+ SIC 28990 peers
51

Financial strength44th percentile among SIC peers · 11/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees10/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Going concern The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 31/12/2023

Net Worth

£13k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£243k

Working capital

Current Assets

£291k

Current Liabilities

£48k

Fixed Assets

£2k

Debtors

£255k

5avg. employees-2

Tax at Year End(2020)

Corp tax£83k

Balance Sheet

Assets less current liabilities£244k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20236.04+£0
20221.57-£12k
20203.75+£0
20192.86+£0
20184.91

Derived from filed accounts. Not audited figures.