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Y29 Ltd

12305651

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

9A SILVER STREET, COALVILLE, LE67 5EW
Incorporated 08/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Brian Ian Meakin

director · Since 08/11/2019

SALES DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Brian Ian Meakin

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

British · England · Age 58

9a, Silver Street, Coalville, LE67 5EW

Notified 08/11/2019

Mrs Teresa Carol Meakin

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

British · England · Age 56

9a, Silver Street, Coalville, LE67 5EW

Notified 08/11/2019

CompanyRankvs 18122+ SIC 41201 peers
48

Financial strength72th percentile among SIC peers · 18/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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18122Y29 Ltd
43
How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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 30/11/2024

Net Worth

£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£75k

Current Liabilities

£83k

Fixed Assets

£38k

-2avg. employees-1

Balance Sheet

Assets less current liabilities£29k
Prepared with v2025.43.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90+£7k
20231.02+£3k
20220.90+£3k
20210.94+£9k
20200.77—

Derived from filed accounts. Not audited figures.