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Solutions Uk Distribution Limited

10466324

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

3 Dinsdale Place, Newcastle Upon Tyne, NE2 1BD
Incorporated 07/11/2016

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Haroon Rashid

director · Since 07/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 16 other boards

Mr Irfan Asghar

director · Since 18/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Haroon Rashid

director · Since 07/11/2016

British · United Kingdom · Age 44

Irfan Asghar

director · Since 18/12/2020

British · United Kingdom · Age 48

Former

Aysha Rashid

director · Resigned 18/12/2020

Persons with Significant Control

Mr Haroon Rashid

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 44

3, Dinsdale Place, Newcastle Upon Tyne, NE2 1BD

Notified 07/11/2016

Change History

statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line13 Dinsdale Place
2026-06-14

3 DINSDALE PLACE

post townNewcastle Upon Tyne
2026-06-14

NEWCASTLE UPON TYNE

officer appointedASGHAR, Irfan
2026-06-14
officer appointedRASHID, Haroon
2026-06-14

CompanyRankvs 17178+ SIC 45112 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.57× · 6/20
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.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2024

Net Worth

-£235k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£223k

Working capital

Current Assets

£291k

Current Liabilities

£514k

Fixed Assets

£14k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£209k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57-£156k
20230.90-£48k
20220.99+£1k
20210.99-£24k
202013.55+£349
20190.60

Derived from filed accounts. Not audited figures.