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Fresh Thinking It Ltd

11917170

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 38, BRIDGEND, CF32 9BS
Incorporated 01/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
71121
Engineering design activities for industrial process and production

Officers

Mr Matthew James Weston

director · Since 01/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mr Scott Benjamin Mcandrew

director · Since 08/05/2019

COMPANY DIRECTOR

WELSH · WALES · Age 35

Persons with Significant Control

Mr Matthew James Weston

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 40

The Engine House, Parc Tondu, Bridgend, CF32 9TF

Notified 01/04/2019

Mr Scott Benjamin Mcandrew

25–50% shares

Welsh · Wales · Age 35

Unit 38, Tondu Enterprise Park, Aberkenfig, CF32 9BS

Notified 14/06/2021

CompanyRankvs 54936+ SIC 62020 peers
56

Financial strength56th percentile among SIC peers · 14/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees14/15 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

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£70k

Current Liabilities

£77k

Fixed Assets

£69k

4avg. employees-1

Balance Sheet

Assets less current liabilities£64k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£3k
20241.32-£42k
20233.48

Derived from filed accounts. Not audited figures.