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Ics Software Limited

02618815

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 MARIGOLD CLOSE, SWINDON, SN2 2SY
Incorporated 10/06/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Watt

director · Since 24/05/2000

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Michael Watt

secretary · Since 31/10/2002

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Michael Watt

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

British · England · Age 65

1, Marigold Close, Swindon, SN2 2SY

Notified 01/12/2016

Former PSCs

Mr Jonathan Ian Hart

Ceased 01/07/2018

CompanyRankvs 2774+ SIC 62012 peers
80

Financial strength75th percentile among SIC peers · 19/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.86× · 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 strength19/25 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 30/11/2025

Net Worth

£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£50k

Current Liabilities

£7k

2avg. employees+1

Balance Sheet

Assets less current liabilities£43k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20256.86-£8k
20247.12-£9k
20234.43-£7k
20224.11+£4k
20213.56+£10k
20206.21+£3k
20193.68+£16k
20183.11

Derived from filed accounts. Not audited figures.