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Egain Communications Ltd

02537388

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ST CATHERINES HOUSE, NEWBURY, RG14 1JQ
Incorporated 05/09/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Eric Smit

director · Since 10/05/2005

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 64

Colin Nigel Wells

secretary · Since 14/05/2014

BRITISH

Persons with Significant Control

Egain Corporation

75–100% shares

1252, Borregas Avenue, Sunnyvale

Reg: 2794929 · Division Of Corporations, Delaware, Usa · Delaware Corporation

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 09/03/2006Registered 21/03/2006
charge
satisfied

GROSVENOR VENTURE MANAGERS LTD

Created 31/10/1990Registered 15/11/1990Satisfied 11/06/1994

CompanyRankvs 37+ SIC 62012 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.28× · 20/20
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 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.

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.

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 30/06/2024

Turnover

£16.0M

Annual revenue

Net Worth

£16.8M

Balance sheet strength

Cash

£22.9M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£17.0M

Working capital

Current Assets

£30.3M

Current Liabilities

£13.3M

Fixed Assets

£64k

Debtors

£571k

Cost of Sales

£1.8M

Gross Profit

£14.2M

Admin Expenses

£13.0M

Operating Profit

£1.2M

Profit After Tax

£1.4M

72avg. employees-32

Tax at Year End

Corp tax£513k

People Costs

Wages & salaries£7.3M
NI contributions£842k

Balance Sheet

Assets less current liabilities£17.1M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.28+£1.7M
20232.04—

Derived from filed accounts. Not audited figures.