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What Credit Ltd

07088857

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

HOPE PARK BUSINESS CENTRE, BRADFORD, BD5 8HB
Incorporated 27/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Bowyer Pounds & Co Ltd

secretary · Since 27/11/2009

Mr David Edward Alabaster

director · Since 27/11/2009

FINANCE BROKER

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Persons with Significant Control

Mr David Edward Alabaster

75–100% shares
75–100% votes

British · United Kingdom · Age 55

Hope Park Business Centre, Trevor Foster Way, Bradford, BD5 8HB

Notified 30/11/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 26/03/2021Registered 01/04/2021

CompanyRankvs 15+ SIC 66220 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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 31/03/2023

Net Worth

-£36k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£342k

Current Liabilities

£272k

Fixed Assets

£705

Debtors

£337k

9avg. employees+1

Tax at Year End(2022)

Corp tax£51k

Balance Sheet

Bank loans & overdrafts£108k
Assets less current liabilities£72k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20231.26
20221.56
20211.41
20201.48
20191.33

Derived from filed accounts. Not audited figures.