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Billing Better Limited

10444812

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 25/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Jack David Ray

director · Since 25/10/2016

DIRECTOR

ENGLISH · ENGLAND · Age 33

Mr William Paul James Hyde

director · Since 30/10/2016

OPERATIONS MANAGER

ENGLISH · ENGLAND · Age 33

Also on 1 other board

Mr Steven Gary Simons

director · Since 07/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 8 other boards

Persons with Significant Control

Homeservices Holdings Limited

75–100% shares
75–100% votes

5, Bignall Avenue, Horley, RH6 8GH

Reg: 11699760 · Companies House · Limited Company

Notified 07/02/2022

Former PSCs

Mr Jack David Ray

Ceased 07/02/2022

CompanyRankvs 68767+ SIC 96090 peers
42

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

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.

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 31/12/2024

Turnover

£6.0M

Annual revenue

Net Worth

-£1.7M

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

-£868k

Bottom line earnings

Net Current Assets

-£1.8M

Working capital

Current Assets

£858k

Current Liabilities

£2.6M

Fixed Assets

£120k

Debtors

£852k

Cost of Sales

£1.6M

Gross Profit

£4.4M

Admin Expenses

£5.2M

Operating Profit

-£866k

Profit After Tax

-£870k

73avg. employees+30

Balance Sheet

Intangible assets£89k
Bank loans & overdrafts£10k
Assets less current liabilities-£1.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£696k
20230.35-£863k
20220.66-£14k
20210.41-£58k
20200.85-£51k
20190.74+£3k
20180.84

Derived from filed accounts. Not audited figures.