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Prospec Systems Limited

02170121

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

LILY HILL HOUSE, BRACKNELL, RG12 2SJ
Incorporated 29/09/1987

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

58290
Other software publishing
62012
Business and domestic software development

Officers

Tara Gartland

secretary · Since 31/07/1997

BRITISH

Mr Geoff Victor Gartland

director · Since 09/12/2011

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mrs Tara Gartland

director · Since 30/03/2016

CERTIFIED ACCOUNTANT

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Geoff Victor Gartland

50–75% shares
50–75% votes

British · England · Age 56

Lily Hill House, Lily Hill Road, Bracknell, RG12 2SJ

Notified 06/04/2016

Mrs Tara Gartland

25–50% shares
25–50% votes

British · England · Age 57

Lily Hill House, Lily Hill Road, Bracknell, RG12 2SJ

Notified 06/04/2016

CompanyRankvs 107+ SIC 58290 peers
86

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£90k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£194k

Current Liabilities

£73k

Fixed Assets

£209

6avg. employees+6

Balance Sheet

Assets less current liabilities£120k
Signed by 02170121 2024-04-01 2025-03-31 02170121 2025-03-31 02170121 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.64-£21k
20242.75+£3k
20233.01-£20k
20224.00-£3k
20213.97+£8k
20203.24+£21k
20192.37+£71k
20171.72

Derived from filed accounts. Not audited figures.