Areco Limited
06057526
Healthy
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2023
FINANCIAL DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 8 other boards
director · Since 03/06/2024
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 6 other boards
director · Since 03/06/2024
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 6 other boards
secretary · Since 13/02/2025
Persons with Significant Control
Watts Clift Holdings Limited
Watts Clift Holdings Limited, Westgate, Walsall, WS9 8DJ
Reg: 00751983 · England & Wales · Limited Company
Notified 06/04/2016
Charges3 outstanding
SUZANNE MARY URSELL · PATRICK MICHAEL DOYLE · THE ERIC BERTRAM WATTS WILL TRUST
CLOSE INVOICE FINANCE LIMITED
CLOSE BROTHERS LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 2307+ SIC 46900 peers73
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£707k
Balance sheet strength
Cash
£57k
Cash in the bank
Net Current Assets
£657k
Working capital
Current Assets
£2.0M
Current Liabilities
£1.3M
Fixed Assets
£63k
Debtors
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.50 | -£1.2M |
| 2024 | 1.89 | — |
| 2023 | 1.80 | — |
| 2022 | 1.63 | +£354k |
| 2021 | 1.32 | +£207k |
| 2020 | 1.66 | — |
Derived from filed accounts. Not audited figures.