Need Products Ltd
12602514
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 08/05/2026
Due 22/05/2027
Industry
Officers
Persons with Significant Control
Mr Mark Owen
British · England · Age 49
Partnership House, 84 Lodge Road, Southampton, SO14 6RG
Notified 14/05/2020
Former PSCs
Mr Callum Campbell
Ceased 01/05/2026
CompanyRankvs 2934+ SIC 46190 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£79k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£207k
Current Liabilities
£202k
Fixed Assets
£74k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.02 | +£0 |
| 2025 | 1.02 | +£49k |
| 2024 | 1.11 | +£31k |
| 2023 | 0.95 | — |
Derived from filed accounts. Not audited figures.