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Carefreecredit Ltd

08614971

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 ABACUS HOUSE, CORSHAM, SN13 0BH
Incorporated 18/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Stewart Halperin

director · Since 18/07/2013

VETERINARY SURGEON

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Mr Michael Douglas Aldred

director · Since 07/11/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Michael Douglas Aldred

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

1 Abacus House, Newlands Road, Corsham, SN13 0BH

Notified 06/04/2016

Mr Stewart Halperin

50–75% shares
50–75% votes
Appoint directors

British · England · Age 57

Bruton Veterinary Practice, 25 High Street, Bruton, BA10 0AH

Notified 06/04/2016

Former PSCs

Mr Stewart Halperin

Ceased 06/04/2017

Mr Michael Douglas Aldred

Ceased 06/04/2017

Charges0 outstanding

Charge
satisfied

METRO BANK PLC

Created 21/08/2014Registered 22/08/2014Satisfied 31/03/2026

CompanyRankvs 15696+ SIC 64999 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

Longevity13/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Directors Loan Accounts at HMRC's official rate. -1- continued... CAREFREECREDIT LIMITED (REGISTERED NUMBER: 08614971) BALANCE SHEET - continued 31 July 2025 NOTES TO THE FINANCIAL STATEMENTS 4. GOING CONCERN The directors have assessed the company's ability to continue as a going concern and have considered all information available as at the date of signing. They consider the company to be

Key FinancialsYear ending 31/07/2025

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£73k

Current Liabilities

£82k

Fixed Assets

£1k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£15k
20240.63+£73k
20230.06+£47k
20220.00-£8k
20210.01

Derived from filed accounts. Not audited figures.