The Firmwatch take
Howard Smith & Co. Limited is a 23-year-old Portsmouth accountancy and tax, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show GBP 2k in net assets, with no distress signals detected. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
10 February 2003
23 years on the register
Sector
Accounting and auditing activities
SIC 69201
Size
Not classified
Net assets
£2k
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
16/100
low risk
Estimated public-data value
£1,125 - £2,025
medium confidence - net asset range
Sector comparison
Sector: Accountancy and Tax
Sample: 10,939 companies
Negative net assets: 12.2%
- Net assets vs sector median
- -£1,858
- Working capital vs sector median
- £6,561
- Sector median current ratio
- 1.54
Thin net asset buffer
The company reports a small visible net asset position.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 30% in sector · Sector medians shown for 10,939 filers in this sector (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£54,345
Current liabilities
Amounts due within one year (short-term creditors).
£41,863
Working capital
Current assets minus current liabilities.
£12,482
Median £6k
Fixed assets
Long-term tangible and intangible assets.
£222,532
Total assets less current liabilities
Fixed assets plus working capital.
£235,014
Net assets
What's left after liabilities are deducted from assets.
£1,500
Median £3k
Equity (capital & reserves)
Shareholder funds.
£1,500
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
1.3×
Median 1.5×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.