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Transformation Advice Ltd

13017042

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

HELMSWOOD, READING, RG4 9EL
Incorporated 13/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Ian Ormerod

director · Since 13/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mrs Jennifer Elyane Ormerod

director · Since 01/04/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Ian Ormerod

75–100% shares

British · England · Age 52

Helmswood, Rosebery Road, Reading, RG4 9EL

Notified 13/11/2020

CompanyRankvs 67529+ SIC 70229 peers
60

Financial strength64th percentile among SIC peers · 16/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£25k

Current Liabilities

£18k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.38
20230.94
20221.23-£31k
20212.75

Derived from filed accounts. Not audited figures.