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Sirsi Limited

02498901

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE WENTA BUSINESS CENTRE, WATFORD, WD24 7ND
Incorporated 03/05/1990

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

62012
Business and domestic software development
62030
Computer facilities management activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Jeffrey Bender

director · Since 24/12/2024

EXECUTIVE CHAIRMAN

CANADIAN · CANADA · Age 57

Charges1 outstanding

Charge
outstanding

WELLS FARGO BANK, NATIONAL ASSOCIATION AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SECURED PAR

Created 09/07/2024Registered 10/07/2024
Charge
satisfied

AB PRIVATE CREDIT INVESTORS LLC, AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SECURED PARTIES

Created 17/05/2019Registered 20/05/2019Satisfied 03/12/2024
Charge
satisfied

SYNERGY IN TRADE LTD

Created 11/05/2016Registered 23/05/2016Satisfied 09/01/2018
charge
satisfied

COUTTS & COMPANY

Created 11/04/2003Registered 29/04/2003Satisfied 17/01/2018
charge
satisfied

COUTTS & CO.

Created 17/01/1994Registered 25/01/1994Satisfied 11/10/1996
charge
satisfied

WESTPORT GROUP PLC

Created 21/04/1993Registered 06/05/1993Satisfied 21/05/2005

CompanyRankvs 26929+ SIC 62012 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

of at least 12 months from the date these financial statements have been approved. O n the basis of the above, the director is of the opinion that there is no material uncertainty relating to going concern and it is therefore appropriate to prepare these financial statements on a going concern basis. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or rece

Key FinancialsYear ending 31/12/2024

Net Worth

-£566k

Balance sheet strength

Cash

£835k

Cash in the bank

Net Current Assets

-£567k

Working capital

Current Assets

£2.6M

Current Liabilities

£3.1M

Fixed Assets

£174k

Debtors

£1.7M

32avg. employees-2

Balance Sheet

Assets less current liabilities-£393k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.82+£20k
20230.83+£111k
20220.78-£226k
20210.82+£176k
20200.77-£254k
20190.80

Derived from filed accounts. Not audited figures.