Back to search

Eco 24 Ltd

11893769

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9 VERITY WALK, MANCHESTER, M9 8HU
Incorporated 20/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
95210
Repair of consumer electronics

Officers

Mr Mahmoud Mehemed Ali Mahmoud Essid

director · Since 20/03/2019

ELECTRICIAN

LIBYAN · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Mahmoud Mehemed Ali Mahmoud Essid

Significant control

Libyan · United Kingdom · Age 42

300 Platt Lane, Manchester, M14 7BZ

Notified 20/03/2019

CompanyRankvs 37063+ SIC 43390 peers
35

Financial strength10th percentile among SIC peers · 3/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 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.

Longevity7/15 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 31/03/2025

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£24k

Current Liabilities

£32k

1avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£4k
20240.64-£4k
20230.78+£6k
20220.65-£2k
2021197.96

Derived from filed accounts. Not audited figures.