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Acquisition Systems Limited

02429137

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

GLOSSOP HOUSE, FINCHAMPSTEAD, RG40 4QW
Incorporated 04/10/1989

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/06/2026

Due 07/07/2027

On track

Industry

62090
Other information technology service activities

Officers

Thomas Matthew Mccollin

director · Since 01/03/2021

ENGINEER

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Ross Frederick Wallingford

director · Since 01/03/2021

SOFTWARE MANAGER

BRITISH · UNITED KINGDOM · Age 45

Guy Matthew Turner

director · Since 01/01/2022

SALES AND MARKETING

BRITISH · UNITED KINGDOM · Age 39

Thomas Matthew Mccollin

secretary · Since 05/01/2022

Also on 1 other board

Persons with Significant Control

Acquisition Systems Eot Limited

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

39, Ivanhoe Road, Hogwood Industrial Estate, Wokingham, RG40 4QQ

Reg: 13207538 · Companies House · Corporate

Notified 01/03/2021

Former PSCs

Mr John Frederick Mccollin

Ceased 01/03/2021

Mr Kenneth James Mcwilliam

Ceased 01/03/2021

Mr John Howard Wallingford

Ceased 01/03/2021

Charges3 outstanding

Charge
outstanding

JOHN HOWARD WALLINGFORD

Created 30/03/2021Registered 26/04/2021
Charge
outstanding

BARCLAYS BANK PLC

Created 03/09/2018Registered 06/09/2018
charge
outstanding

BARCLAYS BANK PLC

Created 17/07/2006Registered 21/07/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/08/2000Registered 30/08/2000Satisfied 01/03/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/06/1993Registered 24/06/1993Satisfied 01/03/2021

CompanyRankvs 2385+ SIC 62090 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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 31/03/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£5.0M

Current Liabilities

£3.1M

Fixed Assets

£525k

Debtors

£1.7M

77avg. employees+15

Tax at Year End

Corp tax£587k
VAT£188k

Balance Sheet

Assets less current liabilities£2.4M
Signed by Thomas McCollin 16/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.60+£855k£3.8M
20231.42—£1.1M

Derived from filed accounts. Not audited figures.