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Adec Solutions Limited

06617462

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 7 THE COURTYARD, BOURNE END, SL8 5AU
Incorporated 11/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Ms Carolina Salafranca Esguerra

secretary · Since 11/06/2008

DIRECTOR

FILIPINO · PHILIPPINES · Age 68

Also on 7 other boards

Mr James Michael Donovan

director · Since 11/06/2008

DIRECTOR

AMERICAN · PHILIPPINES · Age 62

Also on 3 other boards

Ms Carolina Salafranca Esguerra

director · Since 11/06/2008

DIRECTOR

FILIPINO · PHILIPPINES · Age 68

Also on 7 other boards

Mr Benjamin Michael Wilde

director · Since 01/10/2010

ANALYST

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Mr Jose Renato Badelles

director · Since 01/05/2019

COMMERCIAL DIRECTOR

FILIPINO · PHILIPPINES · Age 59

Ms Angela Ruth Esguerra

director · Since 01/01/2023

COMPANY DIRECTOR

FILIPINO · PHILIPPINES · Age 33

Persons with Significant Control

Mr James Michael Donovan

Appoint directors
right-to-appoint-and-remove-directors-as-firm

American · Philippines · Age 62

Unit 7, The Courtyard, Bourne End, SL8 5AU

Notified 01/01/2017

CompanyRankvs 5275+ SIC 63110 peers
50

Financial strength0th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.66× · 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 strength0/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

-£3.7M

Balance sheet strength

Cash

£762k

Cash in the bank

Net Current Assets

-£702k

Working capital

Current Assets

£1.3M

Current Liabilities

£2.0M

Fixed Assets

£13k

Debtors

£578k

14avg. employees+2

Balance Sheet

Intangible assets£899
Assets less current liabilities-£688k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66-£351k
20230.41-£157k
20220.26-£703k
20210.41
20200.39
20190.55
20180.40

Derived from filed accounts. Not audited figures.