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Desiccant Solutions Ltd

13342877

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BARTTELOT COURT, HORSHAM,, RH12 1DQ
Incorporated 19/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Neil Badcock

director · Since 19/04/2021

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Neil Badcock

75–100% shares

English · United Kingdom · Age 59

Barttelot Court, Barttelot Road, Horsham, RH12 1DQ

Notified 19/04/2021

CompanyRankvs 6707+ SIC 71121 peers
28

Financial strength40th percentile among SIC peers · 10/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength10/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. At the balance sheet date, the company's current liabilities exceeded its current assets. The company has however received assurance from the director that he will give financial support

Key FinancialsYear ending 30/04/2025

Net Worth

£344

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£10k

Current Liabilities

£17k

Fixed Assets

£9k

Debtors

£6k

0avg. employees-1

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.61
20241.03
20232.30

Derived from filed accounts. Not audited figures.