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Creative Hire Solutions Limited

09053315

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 22/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Michael George Lowe

director · Since 22/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Mrs Gemma Lowe

75–100% shares
75–100% votes

British · England · Age 43

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 23/05/2017

Former PSCs

Mr Michael George Lowe

Ceased 23/05/2017

CompanyRankvs 2755+ SIC 77110 peers
42

Financial strength62th percentile among SIC peers · 16/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2755Creative Hire Solutions Limited
48
How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 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.

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.

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

Based on these assessments and having regard to the resources available to the entity, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for services provided in t

Key FinancialsYear ending 31/05/2025

Net Worth

£7k

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£570k

Current Liabilities

£596k

Fixed Assets

£45k

Debtors

£434k

0avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96+£0
20250.96+£1k
20240.93—
20230.92—
20221.05+£3k
20211.12—

Derived from filed accounts. Not audited figures.