£10k
+57%vs May 2024Active - Proposal to Strike off12591592Private limited companyBasildon
FINREC LTD
Significant control: Michael Gray (25–50%), Andrew Peter Commins (25–50%)
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Finrec Ltd sell?
Registered activity: Information technology consultancy activities (SIC 62020). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
FINREC LTD is an active (proposal to strike off) private limited company (company number 12591592) incorporated on 7 May 2020, registered in Basildon. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £10k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 57% on the prior period (£6,357).
Peer position · net assets
By net assets it sits in the upper half of 2,127 comparable companies in Essex (median £5,669, upper quartile £37k).
02
Ownership and control
- Mr Michael Gray
- owns 25–50% of shares
- Mr Andrew Peter Commins
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 7 May 20206 yrs ago
- Next accounts due
- 28 February 2027in 128 days
- Confirmation statement due
- 21 May 2027in 210 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £10k | — | — | £4,804 | — | — | 1 |
| 31 May 2024 | £6,357 | — | — | £53k | — | — | 1 |
Current ratio1.08Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets above zeroNet assets £10,008 at 31 May 2025
- Net assets up 10% or more on the prior period+57.4% vs prior period
- Incorporated five or more years agoIncorporated 7 May 2020
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 210 days
- Next accounts duein 128 days
- Accounts period endNet assets £10k · micro accounts
- Accounts period endNet assets £6,357 · micro accounts
- Incorporated
08
Similar companies in Essex
- AZEELO DIGITAL UK LTDHarlow, Essex · inc. May 2020
- FLAT PEAK LTDRayleigh · inc. May 2020
- WINDY SPORT GROUP LTDBasildon · inc. May 2020
- TABIDOR LTDHarlow · inc. May 2020
- 4D CYBER SECURITY LIMITEDBishops Stortford · inc. May 2020
- BRITANNIA LIGHTSPEED TECHNOLOGIES LIMITEDChelmsford · inc. Apr 2020
All companies incorporated on 7 May 2020 · in May 2020.
09
Reminders for FINREC LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.