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Credec Limited

10821006

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

22 BAKER STREET, LONDON, W1U 3BW
Incorporated 15/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mr Craig Farquhar Eadie

director · Since 15/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Mr Alexander Michael Meynell

director · Since 16/05/2018

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 59

Persons with Significant Control

Ardohr Limited

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

31, Hill Street, London, W1J 5LS

Reg: 03156714 · Companies House · Limited Company

Notified 15/06/2017

Charges1 outstanding

Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF ENGLAND AS SECURITY TRUSTEE

Created 01/03/2019Registered 13/03/2019
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF ENGLAND AS SECURITY TRUSTEE

Created 01/02/2019Registered 19/02/2019Satisfied 12/06/2019
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF ENGLAND

Created 23/11/2018Registered 03/12/2018Satisfied 06/03/2019

CompanyRankvs 1538+ SIC 66190 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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.

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 30/06/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£215k

Current Liabilities

£146k

Fixed Assets

£20k

Debtors

£115k

2avg. employees+2

Balance Sheet

Assets less current liabilities£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47+£0
20241.61+£0
20238.84+£500k
20223.93+£174k
20210.69+£50k
20200.96

Derived from filed accounts. Not audited figures.