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Addition Solutions Ltd

08315369

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

SUITE 501 THE NEXUS BUILDING, LETCHWORTH GARDEN CITY, SG6 3TA
Incorporated 03/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Simon Martin Topps

director · Since 03/12/2012

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Mr Brett Johnson

director · Since 25/01/2016

RECRUITMENT CONSULTANT

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Persons with Significant Control

Simon Martin Topps

25–50% votes

British · England · Age 42

Suite 501, The Nexus Building, Letchworth Garden City, SG6 3TA

Notified 06/04/2016

Mr Brett Johnson

25–50% votes

British · England · Age 37

Suite 501, The Nexus Building, Letchworth Garden City, SG6 3TA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 09/05/2024Registered 09/05/2024
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 13/05/2022Registered 17/05/2022Satisfied 05/10/2024
Charge
satisfied

SONOVATE LIMITED

Created 16/08/2019Registered 16/08/2019Satisfied 21/05/2021

CompanyRankvs 10498+ SIC 78109 peers
46

Financial strength77th percentile among SIC peers · 19/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/03/2025

Net Worth

£40k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£988k

Current Liabilities

£1.0M

Fixed Assets

£82k

Debtors

£894k

0avg. employees

Tax at Year End

Corp tax£21k

Balance Sheet

Intangible assets£0
Assets less current liabilities£59k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98+£0
20250.98-£171k
20241.29-£16k
20231.55-£244k
20222.29
20214.11
20203.64
20192.86

Derived from filed accounts. Not audited figures.