Company Overview
Ssl Realisations (2023) Limited is listed at the official companies registry as In Administration Private Limited Company. The company was incorporated on Wednesday 11 February 1998, so this is a well established company. Ssl Realisations (2023) Limited has been in business for 28 years and 1 month. The accounts status is small and the accounts are next due on Wednesday 31 January 2024.
Registered Address

Frp Advisory Trading Limited 2Nd Floor, 120 Colmore Row, Birmingham, B3 3BD
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Companies House Data
Company NameSSL REALISATIONS (2023) LIMITED
Company Number03508323
Registered Office AddressFrp Advisory Trading Limited 2nd Floor
 120 Colmore Row
 B3 3BD
Company CategoryPrivate Limited Company
Company StatusIn Administration
Country of OriginUnited Kingdom
Incorporation Date11/02/1998
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2024
Accounts Last Made Up Date31/12/2021
Accounts Account CategorySMALL
Returns Next Due Date28/10/2016
Returns Last Made Up Date30/09/2015
Previous Company NameChanged Date
SOFTWARE SOLVED LIMITED25 Jan 2024
MANAGEMENT SYSTEMS MODELLING LIMITED27 Mar 2017
Directors & Members
Show Resigned
Thomas Coles - Director
(British, 50 years old, born March 1976)
Appointed 13 May 1998
Active
Gareth Mapp - Director
(British, 40 years old, born September 1986)
Appointed 23 March 2022
Active
Matt Portt - Director
(British, 42 years old, born May 1984)
Appointed 11 January 2023
Active
Christopher Rhodes - Director
(British, 70 years old, born July 1956)
Appointed 22 January 2019
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2020 31-Dec-2019
Balance Sheet
Fixed Assets 98,882 109,695 41,365
Current Assets 931,409 973,093 844,041
Creditors Due Within One Year 685,045 566,952 618,056
Working Cap 246,364 406,141 225,985
Total Assets Less Current Liabilities 345,246 515,836 267,350
Long-term Liabilities 51,044 87,162 74,436
Net Assets 294,202 428,674 341,786
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 294,202 428,674 341,786
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2020 31-Dec-2019
Tangible Fixed Assets - - -
Fixed Assets 9.6% 10.1% 4.7%
Stocks Inventory - - -
Debtors 55.5% 30.0% 39.9%
Cash Bank In Hand 28.2% 52.9% 50.8%
Current Assets 90.4% 89.9% 95.3%
Creditors Due Within One Year 66.5% 52.4% 69.8%
Net Current Assets Liabilities 23.9% 37.5% 25.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 28.6% 39.6% 38.6%
Capital Employed - - -
Total Assets Less Current Liabilities 33.5% 47.6% 30.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2020 31-Dec-2019
Liquidity Ratio 1.4 1.7 1.4
Solvency Ratio 1.4 1.7 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2020 31-Dec-2019
Assets 1,030,291 1,082,788 885,406
Debt 736,089 654,114 543,620
Net Assets/Debt 294,202 428,674 341,786
The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.

Unlock full report  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Registered office address changed from Frp Advisory Trading Limited 2nd Floor 170 Edmund Street Birmingham B3 2HB to Frp Advisory Trading Limited 2nd Floor 120 Colmore Row Birmingham B3 3BD on 25 March 2024
Statement of affairs with form AM02SOA/AM02SOC
Certificate of change of name
Change of name notice
Notice of deemed approval of proposals
Statement of administrator's proposal
Registered office address changed from Suite 1.02 112 st. Augustine Street Taunton TA1 1QN England to Frp Advisory Trading Limited 2nd Floor 170 Edmund Street Birmingham B3 2HB on 21 December 2023
Appointment of an administrator
Confirmation statement made on 30 September 2023 with no updates
Director's details changed for Mr Matt Portt on 30 September 2023
Registered office address changed from 8 Cranmere Court Matford Business Park Exeter EX2 8PW to Suite 1.02 112 st. Augustine Street Taunton TA1 1QN on 19 September 2023
Previous accounting period extended from 31 December 2022 to 30 April 2023
Termination of appointment of Lindsay Lucas as a director on 31 July 2023
Appointment of Mr Matt Portt as a director on 11 January 2023
Termination of appointment of William George Coles as a director on 1 October 2022
Director's details changed for Mr William George Coles on 6 January 2023
Termination of appointment of Cheryl Lydon as a director on 14 October 2022
Confirmation statement made on 30 September 2022 with no updates

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