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Eastern Technology Solutions Limited

06868269

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6TH FLOOR 2, LONDON, EC2Y 5AU
Incorporated 03/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Barry Williams

secretary · Since 03/04/2009

Also on 1 other board

Mr Brendan Lynch

director · Since 03/04/2009

COMPUTER CONSULTANT

AMERICAN · UNITED STATES · Age 62

Mr Barry Williams

director · Since 21/03/2011

DIRECTOR

AMERICAN · UNITED STATES · Age 60

Also on 1 other board

Persons with Significant Control

Director Barry Williams

25–50% shares

American · United States · Age 60

105, Cascade Blvd, Milford, 06460

Notified 30/04/2016

Mr Brendan Lynch

25–50% shares

American · United States · Age 62

6th Floor 2, London Wall Place, London, EC2Y 5AU

Notified 30/04/2016

CompanyRankvs 14400+ SIC 47990 peers
49

Financial strength0th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 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.

Employees13/15 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 30/04/2023

Net Worth

-£792k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

-£792k

Working capital

Current Assets

£2.9M

Current Liabilities

£3.7M

Debtors

£2.8M

3avg. employees

Tax at Year End

Corp tax£207k

Balance Sheet

Assets less current liabilities-£792k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.78-£642k
20220.95—

Derived from filed accounts. Not audited figures.