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Release Technologies Limited

02453489

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 18/12/1989

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Finlay Mcmillan

secretary · Since 30/11/1991

BRITISH · CAN · Age 71

Pierre Brunette

director · Since 30/11/1991

COMPUTER CONSULTANT

CANADIAN · CAN · Age 66

Mr Finlay Mcmillan

director · Since 30/11/1991

COMPUTER CONSULTANT

CANADIAN · CANADA · Age 71

Also on 1 other board

Persons with Significant Control

Mr Finlay Mcmillan

75–100% shares

Canadian · Canada · Age 71

1425, Redpath Crescent, Montreal, H3G1A1

Notified 06/04/2016

CompanyRankvs 34653+ SIC 62020 peers
82

Financial strength85th percentile among SIC peers · 21/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio Infinity× · 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 strength21/25 pts

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

Employees11/15 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

Turnover

£274k

Annual revenue

Net Worth

£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£80k

Current Liabilities

£0

Fixed Assets

£0

Profit After Tax

-£22k

2avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£80k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity-£22k
2024Infinity+£1k
2023Infinity-£50k
2022Infinity+£3k
2021Infinity+£3k
2020Infinity+£285
2019Infinity+£2k
2017Infinity

Derived from filed accounts. Not audited figures.