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Usefultech Ltd.

09714299

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

110 CHESTER ROAD, WALSALL, WS8 6DT
Incorporated 03/08/2015

Compliance

Last accounts

31/08/2024

dormant

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 02/08/2025

Due 16/08/2026

On track

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Mr Richard Gary Wallman

director · Since 03/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Richard Gary Wallman

75–100% shares

British · England · Age 47

110, Chester Road, Walsall, WS8 6DT

Notified 02/08/2016

CompanyRankvs 668+ SIC 26200 peers
36

Financial strength16th percentile among SIC peers · 4/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio NaN× · 2/20
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 strength4/25 pts

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

Employees4/15 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 31/08/2024

Net Worth

£0

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£0

Working capital

Current Assets

£0

Current Liabilities

£0

Fixed Assets

£0

0avg. employees-1

Balance Sheet

Assets less current liabilities£0
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
2024NaN
2023NaN
2022Infinity
2021NaN
2020Infinity
2019Infinity
2018Infinity

Derived from filed accounts. Not audited figures.