1040 Tax Solutions Ltd
10809897
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Andrew Ian Walters
British · United Kingdom · Age 43
Fairways House, George Street, Prestwich, M25 9WS
Notified 31/08/2018
Former PSCs
Mrs Chana Bluma Walters
Ceased 01/11/2017
Mr Andrew Ian Walters
Ceased 01/11/2017
Mr Nachman Israel Gruner
Ceased 31/08/2018
Mrs Chana Bluma Walters
Ceased 31/12/2018
CompanyRankvs 7456+ SIC 69203 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/12/2024
Net Worth
-£164k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£315k
Working capital
Current Assets
£289k
Current Liabilities
£604k
Fixed Assets
£230k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.48 | +£0 |
| 2024 | 0.48 | -£24k |
| 2023 | 1.08 | -£300k |
| 2022 | 2.37 | +£151k |
| 2021 | 7.23 | -£5k |
| 2020 | 1.61 | -£1k |
| 2019 | 1.57 | +£45k |
| 2018 | 0.34 | — |
Derived from filed accounts. Not audited figures.