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Armchair It Limited

06377005

active
Private Limited Company
england wales
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

3 OAKLEA AVENUE, CHELMSFORD, CM2 6BY
Incorporated 20/09/2007

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

62090
Other information technology service activities

Officers

Muninder Pickard

secretary · Since 20/09/2007

BRITISH

Mr David Pickard

director · Since 20/09/2007

IT CONSULTANT

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr David Pickard

50–75% shares
50–75% votes
Appoint directors

British · England · Age 51

3 Oaklea Avenue, Chelmsford, CM2 6BY

Notified 20/09/2016

Mrs Muninder Pickard

25–50% shares
25–50% votes

British · England · Age 51

3 Oaklea Avenue, Chelmsford, CM2 6BY

Notified 20/09/2016

CompanyRankvs 4233+ SIC 62090 peers
79

Financial strength90th percentile among SIC peers · 23/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 310.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4233Armchair It Limited
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How is this score calculated?
Financial strength23/25 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 30/11/2024

Net Worth

£170k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£102k

Current Liabilities

£330

Fixed Assets

£68k

1avg. employees-1

Tax at Year End(2019)

Dividends paid£92k

Balance Sheet

Assets less current liabilities£170k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
2024310.27
2023292.65
2022263.01
202122.60
20205.60
20197.34
20186.90

Derived from filed accounts. Not audited figures.