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Legal Sector Solutions Ltd

11922447

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7 TIMBER LANE, MILTON KEYNES, MK17 9PL
Incorporated 03/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Kevin Richard Halsey

director · Since 03/04/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Kevin Richard Halsey

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

British · England · Age 67

7, Timber Lane, Milton Keynes, MK17 9PL

Notified 03/04/2019

CompanyRankvs 4532+ SIC 66220 peers
42

Financial strength34th percentile among SIC peers · 9/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.94× · 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 strength9/25 pts

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

Employees5/15 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 30/04/2024

Net Worth

£265

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£387

Working capital

Current Assets

£6k

Current Liabilities

£6k

Fixed Assets

£652

1avg. employees

Tax at Year End(2022)

Corp tax£3k

Balance Sheet

Assets less current liabilities£265
Prepared with BTCSoftware AP Solution 2024 11.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94
20231.21-£652
20221.26-£18k
20212.46+£18k
20201.52

Derived from filed accounts. Not audited figures.