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Clearcut Accounting Outsourcing Ltd

14112416

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

PARKWAY 5 SUITE 2 PARKWAY BUSINESS CENTRE, MANCHESTER, M14 7HR
Incorporated 17/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Shuja Ur Rehman

director · Since 17/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 28 other boards

Mr Ashley James Platt

director · Since 21/04/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 36

Also on 13 other boards

Persons with Significant Control

Mr Shuja Rehman

75–100% shares
75–100% votes
Appoint directors

British · England · Age 45

Parkway 5 Suite 2, Parkway Business Centre, Manchester, M14 7HR

Notified 17/05/2022

CompanyRankvs 27387+ SIC 69201 peers
42

Financial strength12th percentile among SIC peers · 3/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1× · 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 strength3/25 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.

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 31/05/2024

Net Worth

-£37

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£37

Working capital

Current Assets

£34k

Current Liabilities

£34k

Debtors

£30k

9avg. employees+9
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.00
20230.77

Derived from filed accounts. Not audited figures.