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It Resolve Limited

09087124

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

KIRKS, RURAL ENTERPRISE CENTRE VINCENT CAREY ROAD, HEREFORD, HR2 6FE
Incorporated 16/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Michael Sean Dunford

director · Since 16/06/2014

MANAGER

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Michael Sean Dunford

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 56

5 Kingsfold Avenue, Townhill Park, SO18 2PY

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 21/10/2016Registered 27/10/2016

CompanyRankvs 15+ SIC 62090 peers
29

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2021

Turnover

£565k

Annual revenue

Net Worth

-£25k

Balance sheet strength

Cash

£53k

Cash in the bank

Profit Before Tax

-£33k

Bottom line earnings

Net Current Assets

£14k

Working capital

Current Assets

£103k

Current Liabilities

£89k

Debtors

£23k

Cost of Sales

£467k

Gross Profit

£98k

Admin Expenses

£213k

Operating Profit

-£32k

Profit After Tax

-£31k

8avg. employees

Tax at Year End

VAT£30k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£14k
Signed by M S Dunford 01/09/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20211.16-£31k£599k
20201.80
20190.68
20181.06

Derived from filed accounts. Not audited figures.