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Square Solution Limited

05483404

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

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 16/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62030
Computer facilities management activities

Officers

Mr Bhavnesh Majithia

director · Since 16/06/2005

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Dhirendra Majithia

secretary · Since 16/06/2006

BRITISH · Age 78

Persons with Significant Control

Mr Bhavnesh Majithia

75–100% shares

British · England · Age 52

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 30/06/2016

CompanyRankvs 2730+ SIC 62030 peers
45

Financial strength11th percentile among SIC peers · 3/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.33× · 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 strength3/25 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.

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 30/06/2025

Net Worth

-£6k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£20k

Current Liabilities

£59k

Fixed Assets

£37k

Debtors

£6k

2avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£0
20250.33+£22k
20240.28-£24k
20230.27-£14k
20220.70-£10k
20211.08-£100k
20201.95+£79k
20191.08

Derived from filed accounts. Not audited figures.