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Area 3 Limited

14246231

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

56 CLICKETT HILL, BASILDON, SS14 1NN
Incorporated 20/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Grey Cuthbert Nkhondo Msonthi

director · Since 20/07/2022

MANAGER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Grey Cuthbert Nkhondo Msonthi

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

British · England · Age 52

56, Clickett Hill, Basildon, SS14 1NN

Notified 20/07/2022

Former PSCs

Mrs Angela Msonthi

Ceased 20/07/2024

CompanyRankvs 216495+ SIC 68209 peers
40

Financial strength46th percentile among SIC peers · 12/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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216495Area 3 Limited
35
How is this score calculated?
Financial strength12/25 pts

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

Employees3/15 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 31/07/2025

Net Worth

£398

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£198

Working capital

Current Assets

£169k

Current Liabilities

£169k

0avg. employees

Balance Sheet

Assets less current liabilities£198
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20251.00
20251.00
20241.00
20231.00

Derived from filed accounts. Not audited figures.