Five Areas Limited
06420019
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/11/2007
DOCTOR
BRITISH · SCOTLAND · Age 62
Also on 1 other board
Persons with Significant Control
Christopher John Williams
British · Scotland · Age 62
Blair House, Drymen, Glasgow, G63 0HA
Notified 06/04/2016
CompanyRankvs 1175+ SIC 58290 peers72
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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 30/11/2024
Net Worth
£136k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
£57k
Current Liabilities
£81k
Fixed Assets
£168k
Debtors
£34k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | +£438 |
| 2023 | 0.64 | -£2k |
| 2022 | 0.72 | -£27k |
| 2021 | 1.01 | -£85k |
| 2020 | 2.59 | — |
Derived from filed accounts. Not audited figures.