# FINANCIAL SOLUTIONS (N.E.) LTD (05217104)

> FINANCIAL SOLUTIONS (N.E.) LTD is an active private limited company (company number 05217104) incorporated on 27 August 2004, registered in South Shields. Its registered activity is activities of insurance agents and brokers (SIC 66220). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £141k, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 30% on the prior period (£200k).

- Status: Active
- Incorporated: 2004-08-27
- Registered office: South Shields, NE33 1NU
- SIC 66220: Activities of insurance agents and brokers
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-10
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 70 comparable companies in Newcastle (median £13k, upper quartile £59k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £141k | — | — | £24k | — | — | 5 |
| 2024-09-30 | £200k | — | — | £25k | — | — | 5 |

current ratio 0.44; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £140,997 at 30 September 2025
- Net assets down 25% or more on the prior period: -29.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.44
- Incorporated five or more years ago: Incorporated 27 August 2004

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ray O'Donnell — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-06-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05217104
HTML: https://firmoscan.com/company/05217104-financial-solutions-n-e-ltd