Back to search

The Necessity Limited

09937682

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

294 WINCHESTER ROAD, SOUTHAMPTON, SO16 6TU
Incorporated 06/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Glenn Mcrae

director · Since 06/01/2016

ONLINE RETAILER

BRITISH · ENGLAND · Age 57

Mrs Linda Marie Mcrae

director · Since 06/01/2016

ONLINE RETAILER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mrs Linda Marie Mcrae

25–50% shares
25–50% votes

British · England · Age 56

294 Winchester Road, Southampton, SO16 6TU

Notified 06/04/2016

Mr Glenn Mcrae

25–50% shares
25–50% votes

British · England · Age 57

294 Winchester Road, Upper Shirley, Southampton, SO16 6TU

Notified 06/04/2016

CompanyRankvs 9368+ SIC 47910 peers
69

Financial strength47th percentile among SIC peers · 12/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.41× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength12/25 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.

Longevity10/15 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 31/01/2025

Net Worth

£100

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£312k

Working capital

Current Assets

£383k

Current Liabilities

£71k

Debtors

£11k

2avg. employees

Balance Sheet

Assets less current liabilities£312k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20255.41
20244.59
20233.64
20223.71
20212.26

Derived from filed accounts. Not audited figures.