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Essential Finance Management Limited

13041288

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OLLERBARROW HOUSE 209-211 ASHLEY ROAD, ALTRINCHAM, WA15 9SQ
Incorporated 24/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr James Ellis

director · Since 22/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Ben Hood

director · Since 22/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Miss Emma Mcconlough

director · Since 19/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Former PSCs

Mr Mark John Gerard Holleran

Ceased 14/10/2021

Miss Amy Sui-Lin Woods

Ceased 04/05/2024

Mr Christopher Allott

Ceased 22/08/2025

Mr Jon Vincent Woods

Ceased 22/08/2025

CompanyRankvs 22616+ SIC 62012 peers
55

Financial strength5th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.38× · 20/20
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 strength1/25 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.

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 28/11/2024

Net Worth

-£85k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£177k

Current Liabilities

£75k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£126k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20242.38-£257k
202327.84

Derived from filed accounts. Not audited figures.