Underhill Research Limited
07601426
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/04/2011
ENGINEER
BRITISH · ENGLAND · Age 87
Also on 1 other board
Persons with Significant Control
Professor Michael James Underhill
British · England · Age 87
Unit 15 No2, Bulrushes Business Park, East Grinstead, RH19 4LZ
Notified 12/04/2017
CompanyRankvs 4054+ SIC 72190 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£2k
Current Liabilities
£5k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.35 | -£958 |
| 2024 | 0.16 | +£938 |
| 2023 | 0.08 | +£465 |
| 2022 | 0.83 | -£508 |
| 2021 | 1.44 | -£96 |
| 2020 | 0.76 | +£1k |
| 2019 | 0.73 | — |
Derived from filed accounts. Not audited figures.