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Better Limited

12348524

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CAPITAL QUARTER NO.4, CARDIFF, CF10 4BZ
Incorporated 04/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Tomaz Gornik

director · Since 04/12/2019

DIRECTOR

SLOVENIAN · SLOVENIA · Age 60

Persons with Significant Control

Mr Tomaz Gornik

75–100% shares
75–100% votes
Appoint directors

Slovenian · Slovenia · Age 60

Capital Quarter No.4, Tyndall Street, Cardiff, CF10 4BZ

Notified 04/12/2019

CompanyRankvs 72753+ SIC 62020 peers
44

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.14× · 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 strength0/25 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.

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 31/12/2024

Net Worth

-£484k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.1M

Current Liabilities

£298k

Fixed Assets

£5k

Debtors

£2.1M

0avg. employees-8

Tax at Year End(2021)

Corp tax£0

Balance Sheet

Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.14
20230.81
20220.02-£410k
20211.03
20202.34

Derived from filed accounts. Not audited figures.