Company Overview
Checksys Euro Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 18 June 2010, so this is a well established company. Checksys Euro Limited has been in business for 15 years and 9 months. The accounts status is total exemption full and the accounts are next due on Sunday 30 March 2025.
Registered Address

21 Mansion Close, Moulton Park Industrial Estate, Northampton, NN3 6RU
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Companies House Data
Company NameCHECKSYS EURO LIMITED
Company Number07289372
Registered Office Address21 Mansion Close
 Moulton Park Industrial Estate
 NN3 6RU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/06/2010
Accounting Reference Date Day30
Accounting Reference Date Month3
Accounts Next Due Date30/03/2025
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/07/2017
Returns Last Made Up Date18/06/2016
Directors & Members
Show Resigned
Vimal Patel - Director
(British, 45 years old, born March 1981)
Appointed 22 June 2012
 Active
Vishal Tailor - Director
(British, 36 years old, born March 1990)
Appointed 01 April 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Vimal Patel
ELCOTEQ HUNGARY LIMITED
ELCOTEQ MAGYARORSZAG KFT. LIMITED
PSL PROGRAMMING SERVICES LIMITED
SIDWELL FARMS LTD
SYS HOLDING LIMITED
SYSTEMATION EURO AUTOMOTIVE LIMITED
SYSTEMATION EURO LIMITED
SYSTORM UK LIMITED
TAPIA DEVELOPMENTS LTD
TAPIA INVESTMENTS LIMITED
Vishal Tailor
HAMILTON CS LTD
INTOSERT LIMITED
INVESTMENTS TR LTD
TAILORED INVESTMENTS LTD
THE OLD WOOD YARD (BRIXWORTH) LTD
THE OLD WOODYARD EVENTS LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 858,838 858,838 936,837
Current Assets 567,167 567,167 264,930
Creditors Due Within One Year 2,357,160 2,357,160 2,019,620
Working Cap -1,789,993 -1,789,993 -1,754,690
Total Assets Less Current Liabilities -931,155 -931,155 -817,853
Long-term Liabilities 0 0 0
Net Assets -931,155 -931,155 -817,853
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -931,155 -931,155 -817,853
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 60.2% 60.2% 78.0%
Stocks Inventory - - -
Debtors 22.4% 22.4% 20.0%
Cash Bank In Hand 2.7% 2.7% 2.1%
Current Assets 39.8% 39.8% 22.0%
Creditors Due Within One Year 165.3% 165.3% 168.1%
Net Current Assets Liabilities -125.5% -125.5% -146.0%
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 -65.3% -65.3% -68.1%
Capital Employed - - -
Total Assets Less Current Liabilities -65.3% -65.3% -68.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.2 0.2 0.1
Solvency Ratio 0.6 0.6 0.6
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-Mar-2023 31-Mar-2022 31-Mar-2021
Assets 1,426,005 1,426,005 1,201,767
Debt 2,357,160 2,357,160 2,019,620
Net Assets/Debt -931,155 -931,155 -817,853

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.

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
Confirmation statement made on 16 September 2025 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 16 September 2024 with updates
Director's details changed for Mr Vimal Harshadbhai Patel on 12 November 2024
Confirmation statement made on 16 September 2023 with no updates
Previous accounting period shortened from 31 March 2022 to 30 March 2022
Registered office address changed from Mha Macintyre Hudson 1 the Forum, Minerva Business Park Lynch Wood Peterborough PE2 6FT England to 21 Mansion Close Moulton Park Industrial Estate Northampton NN3 6RU on 29 December 2022
Confirmation statement made on 16 September 2022 with updates
Appointment of Mr Vishal Manoj Tailor as a director on 1 April 2022
Confirmation statement made on 16 September 2021 with no updates
Registration of charge 072893720003, created on 30 July 2021
Satisfaction of charge 1 in full
Satisfaction of charge 2 in full
Change of details for Systemation Euro Limited as a person with significant control on 31 August 2020
Confirmation statement made on 16 September 2020 with updates
Cessation of Vimal Harshadbhai Patel as a person with significant control on 31 August 2020
Notification of Systemation Euro Limited as a person with significant control on 31 August 2020
Confirmation statement made on 18 June 2020 with no updates
Confirmation statement made on 18 June 2019 with no updates
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