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Explic8 Limited

12199740

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

MERRYDALE HOUSE, BRADFORD, BD4 6SE
Incorporated 10/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Ian Frederick Nicholls

director · Since 10/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 12 other boards

Mr Albert Friedle

director · Since 10/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Persons with Significant Control

Mr Ian Frederick Nicholls

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 73

1, Hardman Street, Manchester, M3 3HF

Notified 10/09/2019

Mr Albert Friedle

25–50% shares
25–50% votes
Appoint directors

British · England · Age 68

1, Hardman Street, Manchester, M3 3HF

Notified 10/09/2019

Former PSCs

Mr Niall Murray

Ceased 01/04/2025

CompanyRankvs 27731+ SIC 70229 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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27731Explic8 Limited
71
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/09/2024

Net Worth

£197k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£193k

Working capital

Current Assets

£411k

Current Liabilities

£218k

Fixed Assets

£3k

Debtors

£371k

5avg. employees

Balance Sheet

Assets less current liabilities£197k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88+£32k
20232.43+£32k
20221.68-£77k
20211.71—
20201.01—

Derived from filed accounts. Not audited figures.