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Engineerbetter Ltd

10141478

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

29 CLERKENWELL ROAD, LONDON, EC1M 5RN
Incorporated 22/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr James Alastair O'Donovan

director · Since 06/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 7 other boards

Persons with Significant Control

Container Solutions Software Ltd

75–100% shares
75–100% votes

Warwick House, 65-66 Queen Street, London, EC4R 1EB

Notified 12/02/2021

Former PSCs

Abrahamsen Jones Professional Services Limited

Ceased 12/02/2021

Charges1 outstanding

Charge
outstanding

GROWTH CAPITAL PARTNERS NOMINEES LIMITED AS SECURITY AGENT

Created 28/05/2022Registered 31/05/2022

CompanyRankvs 2088+ SIC 62020 peers
75

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2022

Net Worth

£773k

Balance sheet strength

Cash

£716k

Cash in the bank

Net Current Assets

£743k

Working capital

Current Assets

£1.2M

Current Liabilities

£492k

Fixed Assets

£30k

Debtors

£519k

17avg. employees+7

Tax at Year End(2021)

Corp tax£80k

Balance Sheet

Assets less current liabilities£773k
Signed by 2022-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20222.51+£110k
20212.91+£373k
20213.70

Derived from filed accounts. Not audited figures.