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Financial Control Solutions Limited

05657163

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

111 NEW UNION STREET, COVENTRY, CV1 2NT
Incorporated 19/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mary Corrway

secretary · Since 19/12/2005

BRITISH

Mr Brian Corrway

director · Since 19/12/2005

ACCOUNTANT

BRITISH · ENGLAND · Age 54

Mrs Linda Corrway

director · Since 15/03/2013

CHARTERED ACCOUNTANT

BRITISH · SCOTLAND · Age 45

Persons with Significant Control

Mr Brian Corrway

75–100% shares

Irish · Scotland · Age 54

111, New Union Street, Coventry, CV1 2NT

Notified 06/04/2016

CompanyRankvs 483+ SIC 70221 peers
81

Financial strength98th percentile among SIC peers · 25/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.04× · 20/20
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 strength25/25 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.

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.

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

Key FinancialsYear ending 31/12/2024

Turnover

£533k

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£195k

Profit After Tax

£357k

1avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20247.04+£357k
202311.26

Derived from filed accounts. Not audited figures.