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Tranquility Contractors Limited

14161999

active
Private Limited Company
england wales
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

C/O OCTAVE ACCOUNTANTS SNOWS STADIUM, SOUTHAMPTON, SO40 2RW
Incorporated 09/06/2022

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/06/2025

Due 22/06/2026

On track

Industry

43290
Other construction installation

Officers

Mr Malcolm Strachan

director · Since 09/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Malcolm Strachan

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

British · England · Age 33

C/O Octave Accountants, Snows Stadium, Southampton, SO40 2RW

Notified 09/06/2022

CompanyRankvs 11080+ SIC 43290 peers
49

Financial strength78th percentile among SIC peers · 20/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11080Tranquility Contractors Limited
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How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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 UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/06/2025

Net Worth

£45k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£101k

Current Liabilities

£56k

Debtors

£93k

1avg. employees
Signed by Mr M Strachan,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.81+£40k
20247.65—
20231.06—

Derived from filed accounts. Not audited figures.