Back to search

Economit Limited

07613723

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

19 ST. CHRISTOPHERS WAY, DERBY, DE24 8JY
Incorporated 26/04/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael John William Donoghue

director · Since 08/08/2011

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Persons with Significant Control

Mr Michael John William Donoghue

75–100% shares
75–100% votes
Appoint directors

British · England · Age 53

19, St. Christophers Way, Derby, DE24 8JY

Notified 06/04/2016

Former PSCs

Mr Nicolas Gall

Ceased 30/04/2018

CompanyRankvs 16198+ SIC 62020 peers
72

Financial strength30th percentile among SIC peers · 8/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength8/25 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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£217k

Current Liabilities

£74k

Fixed Assets

£15k

Debtors

£194k

6avg. employees

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£157k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92
20243.28
20232.72+£31k
20222.46+£41k
20211.33+£39k
20201.97+£17k
20191.35

Derived from filed accounts. Not audited figures.