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Happy Computers Limited

02198980

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

9 ALIE STREET, LONDON, E1 8DE
Incorporated 26/11/1987

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

On track

Industry

58290
Other software publishing
85320
Technical and vocational secondary education

Officers

Mr Henry Angus James Stewart

director · Since 05/06/1991

CHIEF HAPPINESS OFFICER

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mr Henry Angus James Stewart

secretary · Since 01/10/1993

COMPUTER TRAINER

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mr Roy Peter Ackerman

director · Since 01/10/1993

TV PRODUCER

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Ms Cathy Mary Busani

director · Since 01/12/1999

TRAINING DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Henry Angus James Stewart

25–50% shares
25–50% votes

British · United Kingdom · Age 67

24, Jenner Road, London, N16 7SA

Notified 06/04/2016

Happy Employee Ownership Trustee Limited

50–75% shares
50–75% votes
Appoint directors

9, Alie Street, London, E1 8DE

Reg: 16199859 · England And Wales · Private Company Limited By Guarantee

Notified 25/02/2025

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/04/2000Registered 09/05/2000Satisfied 20/12/2021
charge
satisfied

P&O PROPERTY HOLDINGS LIMITED

Created 18/01/2000Registered 25/01/2000Satisfied 20/12/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/01/1994Registered 25/01/1994Satisfied 20/12/2021
charge
satisfied

THETA PROPERTIES LIMITED · WBP (ROSEBERY AVENUE) LIMITED

Created 22/11/1993Registered 26/11/1993Satisfied 20/12/2021

CompanyRankvs 2124+ SIC 58290 peers
48

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/09/2025

Net Worth

-£617k

Balance sheet strength

Cash

£413k

Cash in the bank

Profit Before Tax

-£37k

Bottom line earnings

Net Current Assets

£98k

Working capital

Current Assets

£933k

Current Liabilities

£835k

Fixed Assets

£51k

Debtors

£519k

Cost of Sales

£957k

Admin Expenses

£1.4M

Profit After Tax

£41k

23avg. employees

Tax at Year End(2024)

Dividends paid£24k

Balance Sheet

Intangible assets£25k
Assets less current liabilities£149k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.12-£1.5M
20241.98+£92k
20231.82

Derived from filed accounts. Not audited figures.