Company Overview
Straightforward Technologies Ltd is a Dissolved Private Limited Company.
Registered Address

97 Mullalelish Road, Richhill, Armagh, BT61 9LT
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Companies House Data
Company NameSTRAIGHTFORWARD TECHNOLOGIES LTD
Company NumberNI609547
Registered Office Address97 Mullalelish Road
 Richhill
 BT61 9LT
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date18/10/2011
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2022
Accounts Last Made Up Date31/10/2020
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date15/11/2016
Returns Last Made Up Date18/10/2015
Previous Company NameChanged Date
CARNE TECHNOLOGIES LTD25 Oct 2011
Directors & Members
Show Resigned
Derek Harrison - Director
(Northern Irish, 81 years old, born May 1945)
Appointed 14 June 2019
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Balance Sheet
Fixed Assets 0 702 936
Current Assets 2,570 3,255 2,805
Creditors Due Within One Year 4,181 4,867 4,425
Working Cap -1,611 -1,612 -1,620
Total Assets Less Current Liabilities -1,611 -910 -684
Long-term Liabilities 0 0 0
Net Assets -1,611 -910 -684
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -1,611 -910 -684
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Tangible Fixed Assets - - -
Fixed Assets 0.0% 17.7% 25.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 82.3% 75.0%
Creditors Due Within One Year 162.7% 123.0% 118.3%
Net Current Assets Liabilities -62.7% -40.7% -43.3%
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 -62.7% -23.0% -18.3%
Capital Employed - - -
Total Assets Less Current Liabilities -62.7% -23.0% -18.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Liquidity Ratio 0.6 0.7 0.6
Solvency Ratio 0.6 0.8 0.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2020 31-Oct-2019 31-Oct-2018
Assets 2,570 3,957 3,741
Debt 4,181 4,867 4,425
Net Assets/Debt -1,611 -910 -684
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 via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 17 June 2021 with no updates
Confirmation statement made on 17 June 2020 with no updates
Confirmation statement made on 17 June 2019 with updates
Notification of Derek George Alexander Harrison as a person with significant control on 14 June 2019
Cessation of Melanie Harrison as a person with significant control on 14 June 2019
Registered office address changed from 47 Malone Road Belfast BT9 6RY United Kingdom to 97 Mullalelish Road Richhill Armagh BT61 9LT on 14 June 2019
Termination of appointment of Melanie Harrison as a director on 14 June 2019
Appointment of Mr Derek George Alexander Harrison as a director on 14 June 2019
Confirmation statement made on 15 August 2018 with no updates
Cessation of Melanie Harrison as a person with significant control on 14 March 2018
Notification of Melanie Harrison as a person with significant control on 14 March 2018
Change of details for Ms Melanie Harrison as a person with significant control on 7 March 2018
Registered office address changed from 97 Mullalelish Road Richhill Armagh BT61 9LT Northern Ireland to 47 Malone Road Belfast BT9 6RY on 8 March 2018
Confirmation statement made on 15 August 2017 with updates
Termination of appointment of Patricia Ann Smythe Harrison as a director on 15 August 2017
Appointment of Ms Melanie Harrison as a director on 15 August 2017
Change of details for Mrs Patricia Ann Smythe Harrison as a person with significant control on 15 August 2017

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