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Home Finance Advice Direct And Life Limited

07217630

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O AD BUSINESS RECOVERY 2ND FLOOR, CHELMSFORD, CM1 1NT
Incorporated 08/04/2010

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 24/09/2024

Due 08/10/2025

Overdue

Industry

64999
Other financial service activities

Officers

Mr Matthew Morgan

director · Since 23/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Matthew Morgan

Significant control

British · England · Age 57

Sutie 6 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE

Notified 01/09/2017

Former PSCs

Mr David James Emsley

Ceased 01/09/2017

Insolvency History1 case

creditors voluntary liquidation14/11/2024

Andrew Brian Dix (practitioner) · Richard Bloomfield (practitioner) · Hayley Watson (practitioner)

CompanyRankvs 15+ SIC 64999 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

£222k

Balance sheet strength

Cash

£330k

Cash in the bank

Net Current Assets

£222k

Working capital

Current Assets

£376k

Current Liabilities

£154k

Debtors

£46k

32avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Assets less current liabilities£222k
Signed by Mr Matthew Morgan 22 May 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20232.45

Derived from filed accounts. Not audited figures.