The Firmwatch take
Eqn Limited (13123621) currently shows: At risk signal detected, based on accounts to 31 January 2025; last refreshed 24 May 2026. Net liabilities of £3k — assets do not cover obligations.
Companies House source·Accounts to 31 Jan 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
11 January 2021
5 years on the register
Sector
Membership organisations
SIC 94990 · matched to division
Size
Not classified
Net assets
−£3k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£3k
Bottom 10% in sector · sector median £1k · 113,688 filers in this sector
Cash
Not disclosed
Working cap.
−£3k
Median £2k
Current ratio
0.8×
Median 1.2×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · EC1V 2NX
72,619 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
65k
Dissolved
2,720
Strike-off action
4,825
Sector benchmark · Membership and Personal Services
How this company compares in 113,688 filers in this sector
Bottom 10% in sector — Eqn Limited shows −£3k in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- AS
AL-ANI SPENCE, Yasmin
director · since 2025
Registered office
Address intelligence
72,619 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
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.