Back to search

Answer21 Solutions Ltd

12091774

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

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 08/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Rahul Purushothaman

director · Since 08/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Rahul Purushothaman

75–100% shares
75–100% votes

British · United Kingdom · Age 43

71-75, Shelton Street, London, WC2H 9JQ

Notified 08/07/2019

CompanyRankvs 18690+ SIC 62020 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 9.67× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

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.

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 31/07/2024

Net Worth

£313k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£311k

Working capital

Current Assets

£347k

Current Liabilities

£36k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£313k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20249.67+£87k
20237.53+£92k
20225.37+£67k
202111.45

Derived from filed accounts. Not audited figures.