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Finn It Limited

05380576

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 GOSCOTE CLOSE, REDDITCH, B97 6UF
Incorporated 02/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Christopher Finn

director · Since 02/03/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Christopher Finn

50–75% shares

British · England · Age 50

2, Goscote Close, Redditch, B97 6UF

Notified 01/07/2016

Former PSCs

Mrs Victoria Joan Finn

Ceased 24/12/2020

CompanyRankvs 38505+ SIC 62090 peers
40

Financial strength6th percentile among SIC peers · 2/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.04× · 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 strength2/25 pts

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

Employees6/15 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 31/03/2025

Net Worth

-£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£1k

Current Liabilities

£26k

1avg. employees

Balance Sheet

Assets less current liabilities-£25k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£8k
20240.00-£10k
20230.08-£9k
20222.38
20213.95
20202.07+£11k
20191.56

Derived from filed accounts. Not audited figures.