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Credebt Ltd

06933734

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

TRYM LODGE 1 HENBURY ROAD, BRISTOL, BS9 3HQ
Incorporated 15/06/2009

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/06/2025

Due 28/06/2026

On track

Industry

82911
82911

Officers

Mr Glen Morgan

secretary · Since 15/06/2009

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Glen Morgan

director · Since 15/06/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mrs Ellen Rachel Morgan

director · Since 26/06/2009

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mrs Rachel Joanne Blacker

director · Since 12/12/2025

BRITISH · ENGLAND · Age 41

Mr Terence Pugh

director · Since 12/12/2025

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Glen Morgan

25–50% shares
25–50% votes

British · United Kingdom · Age 51

Trym Lodge, 1 Henbury Road, Bristol, BS9 3HQ

Notified 15/06/2016

Mrs Ellen Rachel Morgan

25–50% shares
25–50% votes

British · England · Age 46

Trym Lodge, 1 Henbury Road, Bristol, BS9 3HQ

Notified 15/06/2020

Charges0 outstanding

Charge
satisfied

IWOCA SKYE FINANCE LTD

Created 25/02/2021Registered 25/02/2021Satisfied 09/05/2024

CompanyRankvs 10+ SIC 82911 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.06× · 20/20
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 strength24/25 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.

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 31/12/2024

Net Worth

£671k

Balance sheet strength

Cash

£846k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.1M

Current Liabilities

£691k

Fixed Assets

£10k

Debtors

£1.3M

9avg. employees+2

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.06+£135k
20232.03+£375k
20221.63+£11k
20214.17-£300k
20203.04+£59k
20192.26+£120k
20181.82

Derived from filed accounts. Not audited figures.