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Concept 2 Solutions Limited

08645154

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17 STONEGATE, SPALDING, PE12 6AH
Incorporated 09/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23190
Manufacture and processing of other glass

Officers

Mr Lakhbir Singh Bhondi

director · Since 09/08/2013

CONSULTANT

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Mr Lakhbir Singh Bhondi

75–100% shares

British · England · Age 57

12, Fulbrook Drive, Cheadle, SK8 6NR

Notified 30/06/2016

CompanyRankvs 208+ SIC 23190 peers
36

Financial strength6th percentile among SIC peers · 2/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£3k

Current Liabilities

£31k

1avg. employees

Tax at Year End(2019)

Corp tax£268

Balance Sheet

Assets less current liabilities-£28k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£14k
20230.41+£4k
20220.53-£4k
20210.29+£5k
20200.42-£3k
2019-£202

Derived from filed accounts. Not audited figures.