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Interpreting Solutions (2uk) Ltd

12404280

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ALDERMAN GATELY HOUSE, MANCHESTER, M22 5RQ
Incorporated 15/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74300
Translation and interpretation activities

Officers

Mr Steven James Lygate

director · Since 15/01/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Steven James Lygate

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

British · United Kingdom · Age 58

Alderman Gately House, Hale Top, Manchester, M22 5RQ

Notified 15/01/2020

Charges1 outstanding

Charge
outstanding

OPTIMUM SME FINANCE LIMITED

Created 04/03/2024Registered 14/03/2024
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 18/10/2021Registered 22/10/2021Satisfied 22/03/2024
Charge
satisfied

ALEXANDERS DISCOUNT LIMITED

Created 10/06/2021Registered 15/06/2021Satisfied 15/11/2021
Charge
satisfied

CORPORATE COMMERCIAL COLLECTIONS LIMITED

Created 09/03/2020Registered 19/03/2020Satisfied 15/11/2021

CompanyRankvs 2088+ SIC 74300 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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.

Longevity6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£297k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£275k

Working capital

Current Assets

£144k

Current Liabilities

£419k

Fixed Assets

£241

Debtors

£133k

15avg. employees+3

Balance Sheet

Assets less current liabilities-£275k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34+£33k
20240.21+£6k
20230.17-£54k
20220.24-£34k
20210.29

Derived from filed accounts. Not audited figures.