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Solutions Bay Ltd

10570394

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

282 GIPSY LANE, LEICESTER, LE4 9BX
Incorporated 18/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47429
Retail sale of telecommunications equipment
47910
Retail sale via mail order houses or via Internet

Officers

Mr Manjinder Singh Boyal

director · Since 18/01/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Manjinder Singh Boyal

75–100% shares
Appoint directors

British · England · Age 30

282, Gipsy Lane, Leicester, LE4 9BX

Notified 18/01/2017

CompanyRankvs 217+ SIC 47429 peers
69

Financial strength74th percentile among SIC peers · 19/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 12.71× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees6/15 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.

Longevity9/15 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

£9k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£44k

Current Liabilities

£3k

Fixed Assets

£1

1avg. employees

Balance Sheet

Assets less current liabilities£40k
Signed by M S Boyal 15th October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202512.71+£4k
202413.93
20239.75
202212.97+£1k
20216.54
20200.98
20190.77

Derived from filed accounts. Not audited figures.