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Arete Procurement Solutions Limited

12311113

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

4 HAWKWORTH, MANCHESTER, M29 7DP
Incorporated 12/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Warren Hamer

director · Since 12/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Nicholas Redford

director · Since 12/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Nicholas Redford

25–50% shares

British · England · Age 52

4, Hawkworth, Manchester, M29 7DP

Notified 12/11/2019

Mr Warren Hamer

25–50% shares

British · England · Age 65

4, Hawkworth, Manchester, M29 7DP

Notified 12/11/2019

CompanyRankvs 10698+ SIC 96090 peers
76

Financial strength84th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.79× · 20/20
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 strength21/25 pts

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

Employees13/15 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 31/03/2026

Net Worth

£55k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£83k

Current Liabilities

£30k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£55k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20262.79-£2k
20252.05+£21k
20241.37-£5k
20231.82+£31k
20221.24+£9k
20211.04

Derived from filed accounts. Not audited figures.