Counterweight Limited
11278617
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/03/2018
BUSINESS DEVELOPMENT
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
First Quad Ltd
32, Monk Street, Abergavenny, NP7 5NW
Reg: 14195117 · Companies House · Limited Company
Notified 15/11/2025
Former PSCs
Mr Daniel Justin Slabbert
Ceased 15/11/2025
CompanyRankvs 64251+ SIC 86900 peers21
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The negative position of the total assets less current liabilities is due to loans outstanding to the shareholders. The shareholders have agreed not to recall these loans, that are repayable on dema
Key FinancialsYear ending 31/03/2025
Net Worth
-£380k
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
-£40k
Working capital
Current Assets
£588k
Current Liabilities
£628k
Fixed Assets
£225k
Debtors
£477k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£107k |
| 2024 | 0.39 | +£16k |
| 2023 | 0.42 | — |
Derived from filed accounts. Not audited figures.