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Need One Soon Limited

05741715

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

8 TROWLEY RISE, HERTFORDSHIRE, WD5 0LW
Incorporated 14/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering
43330
Floor and wall covering
43341
Painting
43390
Other building completion and finishing

Officers

Margaret Ginnelly

secretary · Since 14/03/2006

BRITISH

John Allum

director · Since 14/03/2006

BUILDER

BRITISH · ENGLAND · Age 68

Persons with Significant Control

John Allum

50–75% shares
50–75% votes

British · England · Age 68

8 Trowley Rise, Hertfordshire, WD5 0LW

Notified 06/04/2016

Margaret Allum

25–50% shares
25–50% votes

British · England · Age 70

8 Trowley Rise, Hertfordshire, WD5 0LW

Notified 06/04/2016

CompanyRankvs 2011+ SIC 43310 peers
65

Financial strength69th percentile among SIC peers · 17/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.82× · 6/20
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 strength17/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/05/2025

Net Worth

£15k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£21k

Current Liabilities

£26k

Fixed Assets

£19k

Debtors

£1k

3avg. employees+1

Tax at Year End

Corp tax£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£2k
20240.77-£16k
20232.31-£960
20221.66+£5k
20211.15
20201.01
20190.98

Derived from filed accounts. Not audited figures.