Setic Limited
05552894
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 02/09/2025
Due 16/09/2026
Industry
Officers
director · Since 02/09/2005
COMPANY DIRECTOR
BRITISH · WALES · Age 57
Also on 1 other board
Persons with Significant Control
Mafis Trading S.L.
51 Departmento 8010-48970, Avda Cervantes, Basauri
Reg: A95386827 · Spanish Registry · Limited Company
Notified 02/09/2016
Change History
Active
Private Limited Company
REDWOOD SUITE OAK HOUSE
USK
CompanyRankvs 1095+ SIC 43999 peers87
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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.
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
£1.1M
Balance sheet strength
Cash
£572k
Cash in the bank
Net Current Assets
£981k
Working capital
Current Assets
£1.5M
Current Liabilities
£521k
Fixed Assets
£92k
Debtors
£425k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.88 | +£251k |
| 2023 | 2.98 | — |
Derived from filed accounts. Not audited figures.