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To Spec Solutions Ltd

07047410

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

24 SANDFORD DRIVE, READING, RG5 4RR
Incorporated 17/10/2009

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Matthew Hamilton

director · Since 17/10/2009

DIRECTOR

BRITISH · ENGLAND · Age 41

Mrs Emma-Louise Hamilton

director · Since 29/05/2013

ADMINISTRATOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Matthew Hamilton

25–50% shares
25–50% votes

British · England · Age 41

24, Sandford Drive, Reading, RG5 4RR

Notified 16/06/2016

Mrs Emma-Louise Hamilton

25–50% shares
25–50% votes

British · England · Age 41

24, Sandford Drive, Reading, RG5 4RR

Notified 16/06/2016

CompanyRankvs 1881+ SIC 62020 peers
85

Financial strength96th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 68.24× · 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.

Employees11/15 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 31/10/2024

Net Worth

£384k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£383k

Working capital

Current Assets

£389k

Current Liabilities

£6k

Fixed Assets

£1k

2avg. employees

Tax at Year End(2022)

Corp tax£36k
VAT£10k

Director Loans(2022)

Company owes directors£4k

Balance Sheet

Assets less current liabilities£384k
Signed by Mr Matthew Hamilton 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202468.24-£11k
20236.52+£27k
20228.09-£23k£202k
20218.47-£14k£209k
20208.80+£66k£265k
20197.26+£58k£315k
20188.19£193k

Derived from filed accounts. Not audited figures.