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Area Solutions Ltd

09642797

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

16 STIRLING ROAD, LONDON, W3 8DJ
Incorporated 17/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr. Riccardo Chiarato

director · Since 17/06/2015

ENTREPRENEUR

ITALIAN · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Riccardo Chiarato

25–50% shares

Italian · England · Age 45

16, Stirling Road, London, W3 8DJ

Notified 06/04/2016

Former PSCs

Mr Enrico Danieletto

Ceased 24/04/2019

CompanyRankvs 1213+ SIC 70221 peers
77

Financial strength81th percentile among SIC peers · 20/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

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

£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£93k

Current Liabilities

£45k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Total assets£112k

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£12k
20232.08+£34k
20214.29+£5k
20202.82+£10k
20192.11+£2k
20182.39

Derived from filed accounts. Not audited figures.