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Position Systems Limited

02474841

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

4 ORCHARD COURT CHURCH STREET, FARNHAM, GU10 5QP
Incorporated 27/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities

Officers

Mr David Richard Wallis

director · Since 07/01/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 89

Also on 7 other boards

Mr David Richard Wallis

secretary · Since 27/07/1997

DIRECTOR

BRITISH · UNITED KINGDOM · Age 89

Also on 7 other boards

Persons with Significant Control

Mr David Richard Wallis

25–50% shares

British · United Kingdom · Age 89

4, Orchard Court Church Street, Farnham, GU10 5QP

Notified 06/04/2016

Mr. Michael Frank Castle

25–50% shares
25–50% votes

British · England · Age 58

4, Orchard Court Church Street, Farnham, GU10 5QP

Notified 08/03/2017

Former PSCs

Mr. Michael Frank Castle

Ceased 21/01/2019

CompanyRankvs 2181+ SIC 61200 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£243k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£244k

Working capital

Current Assets

£977

Current Liabilities

£245k

Fixed Assets

£243

1avg. employees

Balance Sheet

Assets less current liabilities-£243k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£10k
20240.01-£14k
20230.37-£11k
20220.74-£11k
20211.53-£8k
20201.21-£372k
20191.36

Derived from filed accounts. Not audited figures.