£9,917
−8%vs Aug 2024Active12848428Private limited companyNottingham
DEBT LIMITED
B76/10001
Summary
DEBT LIMITED is an active private limited company (company number 12848428) incorporated on 31 August 2020, registered in Nottingham. Its registered activity is financial management (SIC 70221). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £9,917, 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 fell 8% on the prior period (£11k).
Peer position · net assets
By net assets it sits in the upper half of 126 comparable companies in Nottingham (median £6,346, upper quartile £36k).
02
Key dates
- Incorporated
- 31 August 20206 yrs ago
- Next accounts due
- 31 May 2027in 221 days
- Confirmation statement due
- 14 September 2027in 327 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 70221
- Financial management
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £9,917 | — | — | £4,023 | — | — | 1 |
| 31 August 2024 | £11k | — | — | £1,453 | — | — | 1 |
Current ratio3.47Comfortable
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.
05
Firmoscan score
76 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £9,917 at 2025-08-31 |
| +8 | Comfortable liquidityCurrent ratio 3.47 |
| +8 | EstablishedIncorporated 2020-08-31 (6 years) |
| 76 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Simon James Towers
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mrs Julie Towers
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 327 days
- Next accounts duein 221 days
- Accounts period endNet assets £9,917 · micro accounts
- Accounts period endNet assets £11k · micro accounts
- Incorporated
08
Similar companies in Nottingham
- AURA CONSULTING BUSINESS SERVICES LIMITEDNottingham · inc. Sept 2020
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- FREDA'S FINANCIAL SERVICES LIMITEDNewark · inc. Sept 2020
- EVOLVE STRATEGIC FINANCE LTDNottingham · inc. Sept 2020
- PSM FINANCIAL PLANNING LTDSleaford · inc. Oct 2020
- WALDRON & CO. FINANCIAL PLANNING LIMITEDNottingham · inc. Oct 2020
All companies incorporated on 31 August 2020 · in Aug 2020.
09
Reminders for DEBT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.