Back to search

Argus Software (Uk) Ltd.

02511981

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR, LONDON, W1U 2SQ
Incorporated 14/06/1990

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

62012
Business and domestic software development

Officers

Terrie-Lynne Devonish

secretary · Since 26/04/2021

Also on 12 other boards

Terrie-Lynne Devonish

director · Since 26/04/2021

BARRISTER & SOLICITOR

CANADIAN · CANADA · Age 55

Also on 12 other boards

Pawan Chhabra

director · Since 01/01/2023

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 53

Also on 5 other boards

Ernest L. Clark Jr

director · Since 01/01/2025

CHIEF MARKETING OFFICER

AMERICAN · ENGLAND · Age 71

Also on 6 other boards

David Hamilton Ross

director · Since 01/01/2025

CHIEF TECHNOLOGY OFFICER

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Persons with Significant Control

Circle Software Acquisition Limited

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

2nd Floor, 74 Wigmore Street, London, W1U 2SQ

Reg: 05981993 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BANK OF MONTREAL

Created 28/06/2022Registered 29/06/2022
charge
satisfied

BANK OF MONTREAL (AS AGENT AND TRUSTEE OF THE FINANCE PARTIES)

Created 01/06/2011Registered 09/06/2011Satisfied 18/05/2020
charge
satisfied

BANK OF MONTREAL (AS ADMINISTRATIVE AGENT OF THE LENDERS)

Created 01/06/2011Registered 08/06/2011Satisfied 18/05/2020

CompanyRankvs 7713+ SIC 62012 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£12.5M

Annual revenue

Net Worth

£25.5M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

-£4.6M

Bottom line earnings

Net Current Assets

-£31.1M

Working capital

Current Assets

£71.0M

Current Liabilities

£102.0M

Fixed Assets

£56.3M

Debtors

£69.2M

Cost of Sales

£2.3M

Gross Profit

£10.2M

Admin Expenses

£13.6M

Operating Profit

-£3.9M

Profit After Tax

-£4.6M

123avg. employees+7

People Costs

Wages & salaries£12.1M
NI contributions£1.5M

Balance Sheet

Intangible assets£359k
Assets less current liabilities£26.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70+£3.6M
20230.69-£49k
20220.69-£2.5M
20210.67+£7.8M
20200.83

Derived from filed accounts. Not audited figures.