Found It Limited
05335475
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 10/11/2025
Due 24/11/2026
Industry
Officers
director · Since 18/01/2005
GEOTECHNICAL ENGINEER
BRITISH · ENGLAND · Age 63
Persons with Significant Control
Mr Nicholas Andrew Latheron
British · England · Age 63
8 Waskerley Close, Newcastle Upon Tyne, NE16 5XX
Notified 06/04/2016
Mrs Deborah Clare Latheron
British · United Kingdom · Age 62
8 Waskerley Close, Newcastle Upon Tyne, NE16 5XX
Notified 18/01/2017
CompanyRankvs 12140+ SIC 71122 peers41
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/06/2025
Net Worth
£441
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£358
Working capital
Current Assets
£5k
Current Liabilities
£6k
Fixed Assets
£987
Debtors
£3k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | — |
| 2024 | 0.56 | — |
| 2023 | 0.91 | — |
| 2022 | 0.89 | — |
| 2021 | 0.88 | — |
| 2020 | 1.49 | -£5k |
| 2019 | 2.45 | — |
Derived from filed accounts. Not audited figures.