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Under2 Ltd

11292864

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

10 ST. HELENS ROAD, SWANSEA, SA1 4AW
Incorporated 05/04/2018

Compliance

Last accounts

30/04/2022

total exemption full

Accounts

Up to date

Confirmation statement

Last: 01/09/2022

Due

On track

Industry

63990
Other information service activities

Officers

Mr Darrell John Wilkins

director · Since 01/07/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Darrell John Wilkins

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

British · England · Age 54

10, St. Helens Road, Swansea, SA1 4AW

Notified 01/07/2019

Former PSCs

Mr Christopher Simmance

Ceased 01/07/2019

Mr Martin Shane Jones

Ceased 31/03/2019

Insolvency History1 case

creditors voluntary liquidation04/10/2023

Gareth Bishop (practitioner) · Helen Whitehouse (practitioner)

CompanyRankvs 15+ SIC 63990 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity8/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2022

Net Worth

£57k

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£125k

Current Liabilities

£45k

Fixed Assets

£11k

Debtors

£7k

5avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£91k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20222.78-£30k
20214.29

Derived from filed accounts. Not audited figures.