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De Facto Software Limited

02343897

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

EPSILON HOUSE, IPSWICH, IP3 9FJ
Incorporated 07/02/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Mark Andrew Prince

director · Since 07/02/1992

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Ms Nicola West

secretary · Since 09/11/2015

Also on 1 other board

Ms Nicola West

director · Since 09/11/2015

CLIENT PROJECT DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Mark Andrew Prince

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

British · England · Age 64

Epsilon House, West Road, Ipswich, IP3 9FJ

Notified 06/04/2016

Ms Jane Poole

25–50% shares
25–50% votes

British · Spain · Age 65

Epsilon House, West Road, Ipswich, IP3 9FJ

Notified 24/07/2017

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/01/1994Registered 04/02/1994Satisfied 22/09/2015

CompanyRankvs 2324+ SIC 62012 peers
85

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2324De Facto Software Limited
81
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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

£589k

Balance sheet strength

Cash

£975k

Cash in the bank

Net Current Assets

£581k

Working capital

Current Assets

£1.4M

Current Liabilities

£788k

Fixed Assets

£8k

Debtors

£394k

24avg. employees-1

Tax at Year End(2016)

Corp tax£693

Balance Sheet

Assets less current liabilities£589k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74+£6k
20231.68+£12k
20221.76+£203k
20211.66+£10k
20201.74-£108k
20191.58+£137k
20181.33+£143k
20161.33—

Derived from filed accounts. Not audited figures.