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Solution 80 Ltd

08859327

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

6-10 QUEENSWAY, NEW MILTON, BH25 5NN
Incorporated 23/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats
32990
Other manufacturing

Officers

Mr Ray Alan Davis

director · Since 12/05/2014

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 55

Also on 25 other boards

CompanyRankvs 62+ SIC 30120 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 14.83× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 31/01/2023

Net Worth

£717k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£757k

Working capital

Current Assets

£812k

Current Liabilities

£55k

Debtors

£812k

1avg. employees-1

Tax at Year End

Corp tax£15k
VAT£3k

Director Loans(2022)

Company owes directors£26k

Balance Sheet

Assets less current liabilities£757k
Signed by Mr Ray Davis 30 June 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202314.83-£325k£62k
20226.41-£35k£50k
20216.08+£17k£126k
20209.96+£16k£32k
201911.41£44k

Derived from filed accounts. Not audited figures.