Need Solutions Ltd
07762216
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 05/09/2025
Due 19/09/2026
Industry
Officers
Persons with Significant Control
Mr Stephen Hutchinson
British · United Kingdom · Age 62
4, East Farm Mews, Newcastle Upon Tyne, NE27 0FB
Notified 01/07/2016
CompanyRankvs 13309+ SIC 74100 peers61
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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 31/08/2025
Net Worth
£963
Balance sheet strength
Cash
£46k
Cash in the bank
Net Current Assets
-£19k
Working capital
Current Assets
£79k
Current Liabilities
£98k
Fixed Assets
£24k
Debtors
£33k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.81 | — |
| 2025 | 0.81 | — |
| 2024 | 1.33 | +£1k |
| 2023 | 1.23 | +£34k |
| 2022 | 0.98 | -£9k |
| 2021 | 1.08 | -£28k |
| 2020 | 1.34 | — |
Derived from filed accounts. Not audited figures.