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Solution17 Ltd

11356861

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 10 MARINER PARK, TAMWORTH, B79 7UL
Incorporated 11/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Reinaldo Morgado

director · Since 11/05/2018

TECHNICAL AUTHOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Reinaldo Morgado

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

British · England · Age 56

Unit 10, Mariner Park, Tamworth, B79 7UL

Notified 11/05/2018

Former PSCs

Mr Ross Jonathan Kingsley

Ceased 01/06/2019

Mr Laurence Henry Chandler

Ceased 19/01/2024

Mr Mark Mcivor

Ceased 20/01/2024

CompanyRankvs 37552+ SIC 62020 peers
65

Financial strength82th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/05/2023

Net Worth

£63k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

-£148k

Working capital

Current Assets

£189k

Current Liabilities

£337k

Fixed Assets

£256k

Debtors

£105k

8avg. employees-3

Tax at Year End

VAT£9k

Balance Sheet

Intangible assets£207k
Assets less current liabilities£108k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.56-£145k£181k
20220.91+£76k£345k
20211.06+£108k£939k
20200.82£355k
20191.09

Derived from filed accounts. Not audited figures.