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Northsea Solutions Ltd

08331070

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 14/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Rajesh Kumar

director · Since 14/12/2012

PRINCIPAL ENGINEER

BRITISH · SCOTLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Rajesh Kumar

75–100% shares

British · Scotland · Age 47

13, Ramsay Gardens, Aberdeen, AB10 7AG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 18/07/2019Registered 23/07/2019
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 17/05/2019Registered 22/05/2019

CompanyRankvs 3981+ SIC 71122 peers
59

Financial strength90th percentile among SIC peers · 23/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.07× · 12/20
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 strength23/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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

£126k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£214k

Current Liabilities

£200k

Fixed Assets

£232k

1avg. employees

Balance Sheet

Assets less current liabilities£247k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.07-£17k
20241.37-£12k
20231.60+£4k
20222.43-£3k
20211.83+£9k
20201.48+£11k
20192.99+£1k
20185.12

Derived from filed accounts. Not audited figures.