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Andeco Ltd

09592865

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 THE CIRCUS, SPALDING, PE11 1WG
Incorporated 15/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Andrei Morari

director · Since 15/05/2015

DIRECTOR

ROMANIAN · ENGLAND · Age 41

Persons with Significant Control

Mr Andrei Morari

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

Romanian · England · Age 41

16, The Circus, Spalding, PE11 1WG

Notified 06/04/2016

CompanyRankvs 34526+ SIC 43999 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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34526Andeco Ltd
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£23k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£3k

Current Liabilities

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£0
20250.39+£8k
20240.30-£11k
202329.55—

Derived from filed accounts. Not audited figures.