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Russell Financial Solutions Ltd

09415512

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

OAKVIEW HOUSE, RAYLEIGH, SS6 7LD
Incorporated 30/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mrs Nicole Russell

secretary · Since 30/01/2015

Also on 1 other board

Mr Glen Edmund Russell

director · Since 30/01/2015

INDEPENDANT FINANCIAL ADVISER

BRITISH · ENGLAND · Age 44

Mrs Nicole Russell

director · Since 30/01/2015

ACCOUNTANT

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Glen Edmund Russell

75–100% shares

British · England · Age 44

Oakview House, 20 Picton Close, Rayleigh, SS6 7LD

Notified 06/04/2016

CompanyRankvs 635+ SIC 66190 peers
68

Financial strength74th percentile among SIC peers · 19/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.23× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 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.

Longevity11/15 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

statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated. Basis of preparation The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006. Going concern No material uncertainties that may cast significa

Key FinancialsYear ending 31/03/2025

Net Worth

£50k

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

£169k

Working capital

Current Assets

£196k

Current Liabilities

£27k

Fixed Assets

£3k

Debtors

£96k

4avg. employees

Tax at Year End(2022)

Corp tax£15k

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£172k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.23-£11k
20246.77-£8k
20237.83-£21k
20227.64+£6k
20219.02—

Derived from filed accounts. Not audited figures.