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Economy Budget Removals Ltd

09340550

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

120 CHESTERTON CLOSE, IPSWICH, IP2 9UJ
Incorporated 04/12/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

49420
Removal services

Officers

Mr Eucal Parris

director · Since 04/12/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Mr Erlon Parris

secretary · Since 25/07/2019

Persons with Significant Control

Mr Eucal Parris

75–100% shares
75–100% votes

British · England · Age 66

120, Chesterton Close, Ipswich, IP2 9UJ

Notified 03/12/2016

CompanyRankvs 743+ SIC 49420 peers
65

Financial strength22th percentile among SIC peers · 6/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.82× · 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 strength6/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£1k

Fixed Assets

£131

3avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.82
20233.13

Derived from filed accounts. Not audited figures.