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Eq Group Ltd

12159548

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ONE SILK STREET, MANCHESTER, M4 6LZ
Incorporated 16/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr James Doyle

secretary · Since 16/08/2019

Also on 1 other board

Mr James Doyle

director · Since 16/08/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

James Doyle

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

British · United Kingdom · Age 47

16, Alton Road, Wilmslow, SK9 5DX

Notified 16/08/2019

Former PSCs

Andy Davis

Ceased 28/04/2020

Mr Joshua Albert Towne

Ceased 22/12/2025

Charges1 outstanding

Charge
outstanding

EASYPAY SERVICES LTD

Created 31/12/2023Registered 03/01/2024

CompanyRankvs 49243+ SIC 86900 peers
19

Financial strength2th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/12/2024

Net Worth

-£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£89k

Working capital

Current Assets

£73k

Current Liabilities

£162k

Fixed Assets

£27k

Debtors

£73k

11avg. employees+2

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Intangible assets£23k
Assets less current liabilities-£62k
Signed by Mr J Doyle 10/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£7k
20230.37-£85k
20220.66+£22k
20210.16

Derived from filed accounts. Not audited figures.