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Better Future Investments Ltd

11014776

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

24 LARCH DRIVE, BIRMINGHAM, B31 5HB
Incorporated 16/10/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

62020
Information technology consultancy activities
64209
Activities of other holding companies

Officers

Mr David William George

director · Since 16/10/2017

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr David William George

25–50% shares
25–50% votes

British · United Kingdom · Age 46

24, Larch Drive, Birmingham, B31 5HB

Notified 16/10/2017

Mrs Susan Elizabeth George

25–50% shares
25–50% votes

British · United Kingdom · Age 45

24, Larch Drive, Birmingham, B31 5HB

Notified 16/10/2017

CompanyRankvs 24051+ SIC 62020 peers
69

Financial strength78th percentile among SIC peers · 20/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.24× · 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 strength20/25 pts

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

Employees5/15 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 31/10/2024

Net Worth

£45k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£78k

Current Liabilities

£35k

Fixed Assets

£2k

Debtors

£20k

1avg. employees

Tax at Year End

VAT£7k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.24+£27k£136k
20231.68-£5k£55k
20222.35+£36k£105k
202141.26-£2k
202046.82-£17k
20190.57+£5k
20180.21

Derived from filed accounts. Not audited figures.