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Econation Ltd

14011557

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 BATTLERS WELLS FARM, HAREFIELD, UB9 6PZ
Incorporated 30/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Himanshu Mansukhbhai Patel

director · Since 27/08/2025

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Persons with Significant Control

Mr Himanshu Mansukhbhai Patel

Significant control

British · England · Age 44

307, Muirfield Road, Watford, WD19 6JZ

Notified 27/08/2025

Former PSCs

Mr Kamleshkumar Dalpatbhai Haripara

Ceased 27/08/2025

CompanyRankvs 59640+ SIC 47910 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Longevity4/15 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

-£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£30k

Current Liabilities

£55k

2avg. employees

Balance Sheet

Assets less current liabilities-£24k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£126
20240.48+£380
20230.46—

Derived from filed accounts. Not audited figures.