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Exchequer Contracts Ltd

14243728

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

STEAM MILL, CHESTER, CH3 5AN
Incorporated 19/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael Thomas Lowndes

director · Since 19/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Mr Antony Burton

director · Since 05/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mrs Victoria Jane Delafaille

director · Since 05/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Otp Holdings Ltd

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

3-4, St Johns Court, Chester, CH1 1QE

Reg: 15802080 · Companies House · Limited Company

Notified 15/07/2024

Former PSCs

Mr Rodney William Kavanagh

Ceased 15/07/2024

Charges2 outstanding

Charge
outstanding

ZODEQ LTD

Created 03/07/2025Registered 03/07/2025
Charge
satisfied

WEDO FINANCE LTD

Created 08/07/2024Registered 19/07/2024Satisfied 08/05/2025
Charge
outstanding

EXCHEQUER SOLUTIONS LIMITED (IN ADMINISTRATION) (CRN: 04749739) AND ROCHELLE SCHOFIELD AND MICH

Created 15/07/2024Registered 17/07/2024

CompanyRankvs 161244+ SIC 82990 peers
11

Financial strength17th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

with HMRC in the first quarter of 2024 in line with the FTT directions. As a result of these matters there is a material uncertainty that may cast doubt upon the group’s ability to continue as a going concern and therefore whether the group will realise its assets and settle its liabilities in the ordinary course of business at the amounts recorded in the financial statements. In response to these

Key FinancialsYear ending 31/12/2023

Net Worth

£0

Balance sheet strength

Cash

£12k

Cash in the bank

Profit Before Tax

-£9k

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

£22k

Current Liabilities

£30k

Debtors

£9k

Cost of Sales

£271k

Admin Expenses

£12k

Profit After Tax

-£9k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.72

Derived from filed accounts. Not audited figures.