Avid Projects Ltd
06496668
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 07/02/2008
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 3 other boards
director · Since 07/02/2008
MANAGEMENT CONSULTANT
BRITISH · ENGLAND · Age 61
Also on 15 other boards
director · Since 07/02/2008
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 3 other boards
director · Since 06/01/2025
INVESTMENT MANAGER
BRITISH · UNITED KINGDOM · Age 25
Also on 1 other board
Persons with Significant Control
Mr Brian Richard Norton
British · England · Age 61
Chobham Farm, Sandpit Hall Road, Chobham, GU24 8HA
Notified 31/01/2025
Former PSCs
Mr Brian Richard Norton
Ceased 31/01/2025
Charges1 outstanding
COUTTS & CO
CompanyRankvs 58220+ SIC 70100 peers57
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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 31/03/2025
Net Worth
£3.1M
Balance sheet strength
Cash
£369k
Cash in the bank
Net Current Assets
-£339k
Working capital
Current Assets
£2.3M
Current Liabilities
£2.6M
Fixed Assets
£3.6M
Debtors
£1.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | +£2.6M |
| 2024 | 0.58 | +£0 |
| 2023 | 1.45 | +£0 |
| 2022 | 1.35 | +£0 |
| 2021 | 1.18 | +£0 |
| 2020 | 1.37 | +£0 |
| 2019 | 1.23 | — |
Derived from filed accounts. Not audited figures.