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Inspire Your Business (Number 2) Limited

13751482

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

6 QUEENS COURT, GATESHEAD, NE11 0BU
Incorporated 18/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Michael David Mckenna

director · Since 18/11/2021

DIRECTOR

ENGLISH · ENGLAND · Age 58

Also on 2 other boards

Mr Richard Alan Tait Fcca

director · Since 18/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Inspire Your Business Limited

75–100% shares
75–100% votes

6 Queens Court North, Third Avenue, Gateshead, NE11 0BU

Reg: 04332017 · England And Wales · Limited Company

Notified 01/12/2024

Former PSCs

Mr Richard Tait

Ceased 01/12/2024

Mr Michael Mckenna

Ceased 01/12/2024

CompanyRankvs 25737+ SIC 69201 peers
46

Financial strength24th percentile among SIC peers · 6/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

-£270k

Working capital

Current Assets

£368k

Current Liabilities

£638k

Debtors

£324k

11avg. employees

Balance Sheet

Intangible assets£500k
Assets less current liabilities£230k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.58
20250.58
20240.35

Derived from filed accounts. Not audited figures.