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Salford Software Limited

02252625

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

8 EXCHANGE QUAY, SALFORD, M5 3EJ
Incorporated 06/05/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Thomas Leonard Eggleston

director · Since 31/07/2014

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Paul Heaney

director · Since 14/10/2014

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Pidhc Limited

75–100% shares
75–100% votes
Appoint directors

8, Exchange Quay, Salford, M5 3EJ

Reg: 09275908 · England & Wales · Limited Company

Notified 08/06/2017

Former PSCs

Proofid Limited

Ceased 08/06/2017

Charges5 outstanding

Charge
outstanding

TC LOANS LIMITED AS TRUSTEE FOR THE SECURED PARTIES

Created 08/05/2025Registered 09/05/2025
Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP AS SECURITY TRUSTEE

Created 25/09/2023Registered 27/09/2023
Charge
outstanding

TC LOANS LIMITED AS TRUSTEE FOR THE SECURED PARTIES

Created 25/09/2023Registered 26/09/2023
Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP AS SECURITY TRUSTEE FOR THE BENEFICIARIES

Created 10/01/2023Registered 16/01/2023
Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP (AS SECURITY TRUSTEE)

Created 01/04/2022Registered 05/04/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2014Registered 02/10/2014Satisfied 26/11/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 27/01/2014Registered 30/01/2014Satisfied 26/11/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/05/2001Registered 04/06/2001Satisfied 16/04/2014

CompanyRankvs 63970+ SIC 62020 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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63970Salford Software Limited
47
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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 30/09/2023

Net Worth

-£3.8M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£541k

Current Liabilities

£4.3M

Fixed Assets

£4k

Debtors

£519k

46avg. employees+1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.13-£1.1M
20210.19—

Derived from filed accounts. Not audited figures.