Back to search

Business Systems Limited

01563136

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FALCON HOUSE, NEW MALDEN, KT3 4NE
Incorporated 21/05/1981

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Naseer Ahmad

secretary · Since 28/07/1991

BRITISH · UNITED KINGDOM · Age 75

Also on 5 other boards

Mr Naseer Ahmad

director · Since 28/07/1991

ENGINEER

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Mrs Naila A Ahmad

director · Since 17/08/1992

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Madiha Nusrat Ahmed

director · Since 06/04/2026

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Naseer Ahmad

25–50% shares

British · England · Age 75

White Timbers, Stokesheath Road, Leatherhead, KT22 0PS

Notified 28/07/2016

CompanyRankvs 2302+ SIC 62012 peers
81

Financial strength99th percentile among SIC peers · 25/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 41.9× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees6/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Net Current Assets

£4.1M

Working capital

Current Assets

£4.2M

Current Liabilities

£100k

Fixed Assets

£1.4M

Profit After Tax

£242k

1avg. employees-1

Tax at Year End

Corp tax£70k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202441.90+£242k
202330.33+£205k
202236.04+£188k
202145.05+£104k
202018.01+£170k
201925.21+£114k
201828.22

Derived from filed accounts. Not audited figures.