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Explorer Mortgages Limited

08913919

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

ARENA BUSINESS CENTRE, BASINGSTOKE, RG21 4EB
Incorporated 26/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Stuart Gerard Groenendaal

director · Since 22/12/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Stuart Groenendaal

75–100% shares
75–100% votes

British · England · Age 47

Arena Business Centre, Basing View, Basingstoke, RG21 4EB

Notified 29/04/2018

Former PSCs

Mr Richard Low

Ceased 29/04/2018

CompanyRankvs 2932+ SIC 70221 peers
69

Financial strength27th percentile among SIC peers · 7/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.02× · 20/20
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 strength7/25 pts

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

Employees14/15 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.

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 28/02/2025

Net Worth

£15

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£36k

Current Liabilities

£9k

Fixed Assets

£32k

3avg. employees+1

Balance Sheet

Assets less current liabilities£59k
Signed by Mr Stuart GROENENDAAL 25 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.02
20241.62-£5k
20239.51

Derived from filed accounts. Not audited figures.