Systemsound Limited
01610742
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 17/12/2025
Due 31/12/2026
Industry
Officers
Former
director · Resigned 01/09/2019
Persons with Significant Control
Mr Stephen James Webb
British · England · Age 74
189, Moulsham Street, Chelmsford, CM2 0LG
Notified 06/04/2016
Change History
Active
Private Limited Company
189 MOULSHAM STREET
CHELMSFORD
CompanyRankvs 17098+ SIC 82990 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/12/2024
Net Worth
£502k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£377k
Working capital
Current Assets
£422k
Current Liabilities
£45k
Fixed Assets
£125k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.35 | +£0 |
| 2023 | 9.35 | — |
Derived from filed accounts. Not audited figures.