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Compute (Bridgend) Limited

00992277

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

8 MERTHYR MAWR ROAD, CF31 3NH
Incorporated 21/10/1970

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 14/04/2025

Due 28/04/2026

Overdue

Industry

62012
Business and domestic software development

Officers

Mrs Glenda Pryce Hegarty

secretary · Since 31/03/1991

BRITISH · WALES · Age 83

Also on 5 other boards

Mrs Glenda Pryce Hegarty

director · Since 31/03/1991

COMPANY SECRETARY

BRITISH · WALES · Age 83

Also on 5 other boards

Mr Nicholas Guy Hegarty

director · Since 31/03/1991

ACCOUNT DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Persons with Significant Control

Mrs Glenda Pryce Hegarty

Significant control

British · Wales · Age 83

8 Merthyr Mawr Road, CF31 3NH

Notified 06/04/2016

Former PSCs

Mr Douglas James Hegarty

Ceased 15/08/2020

Charges2 outstanding

charge
outstanding

THE WELSH DEVELOPMENT AGENCY

Created 06/02/1998Registered 10/02/1998
charge
outstanding

THE SECRETARY OF STATE FOR WALES

Created 09/09/1996Registered 23/09/1996

CompanyRankvs 219+ SIC 62012 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 37.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£17.9M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£14.1M

Working capital

Current Assets

£14.5M

Current Liabilities

£388k

Fixed Assets

£3.8M

Debtors

£13.2M

12avg. employees+1

Tax at Year End

Corp tax£288k

Balance Sheet

Assets less current liabilities£17.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202437.28+£1.6M
202329.15+£1.1M
202272.90+£1.3M£348k
202135.14+£978k
202022.30+£1.9M
201920.66+£2.1M
20189.65

Derived from filed accounts. Not audited figures.