Believe Solutions Limited
08807820
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/04/2024
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 2 other boards
director · Since 25/07/2024
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 1 other board
director · Since 25/07/2024
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 26 other boards
director · Since 25/07/2024
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
Persons with Significant Control
Mrs Elizabeth Maria Byrne
British · England · Age 51
1, The Orchard, Durham, DH6 4RS
Notified 09/12/2016
CompanyRankvs 114030+ SIC 70229 peers46
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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 31/12/2024
Net Worth
-£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£11k
Current Liabilities
£23k
Fixed Assets
£693
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.45 | -£3k |
| 2023 | — | -£133 |
| 2022 | — | -£125 |
| 2021 | — | -£720 |
| 2020 | — | -£720 |
| 2019 | — | -£133 |
| 2018 | 0.05 | — |
Derived from filed accounts. Not audited figures.