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Systems Assurance Limited

02691103

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

The Walbrook Building, 25 Walbrook, London, EC4N 8AF
Incorporated 26/02/1992

Previously known as

Software Assurance (Computer Services) Limited · until 12/01/1999
Mortonthorpe 23 Limited · until 06/11/1992

Compliance

Last accounts

30/09/2024

audit exemption subsidiary

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Darron Giddens

director · Since 03/09/2021

British · England · Age 59

Former

Richard Morton

director · Resigned 21/10/1992

Julie Ann Thorpe

secretary · Resigned 21/10/1992

Christopher Shaun Doherty

director · Resigned 01/07/1994

Yvonne Spink

director · Resigned 04/10/1995

Simon David Lewington

director · Resigned 03/09/2021

Simon David Lewington

secretary · Resigned 03/09/2021

Christopher David Wheater

director · Resigned 03/09/2021

Mark Joseph Halpin

director · Resigned 29/04/2024

Persons with Significant Control

Cloudcoco Holdings Limited

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

Wright Johnston Mackenzie Llp, The Capital Building, Edinburgh, EH2 2AF

Reg: Sc102302 · Scotland · Private Company Limited By Shares

Notified 03/09/2021

Former PSCs

Mr Simon David Lewington

Ceased 03/09/2021

Mr Christopher David Wheater

Ceased 03/09/2021

Charges0 outstanding

charge
satisfied

YORKSHIRE BANK PLC

Created 07/07/2003Registered 11/07/2003Satisfied 10/07/2016
charge
satisfied

YORKSHIRE BANK PLC

Created 30/12/1998Registered 14/01/1999Satisfied 10/07/2016

Change History

statusactive
2026-06-11

Active

typeltd
2026-06-11

Private Limited Company

address line1The Walbrook Building
2026-06-11

THE WALBROOK BUILDING

post townLondon
2026-06-11

LONDON

officer appointedGIDDENS, Darron
2026-06-11

CompanyRankvs 14087+ SIC 62020 peers
73

Financial strength30th percentile among SIC peers · 8/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.8× · 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 strength8/25 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.

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

Key FinancialsYear ending 31/12/2020

Net Worth

£74

Balance sheet strength

Cash

£250k

Cash in the bank

Net Current Assets

£726k

Working capital

Current Assets

£1.1M

Current Liabilities

£404k

Fixed Assets

£2k

Debtors

£879k

13avg. employees

Balance Sheet

Assets less current liabilities£728k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20202.80

Derived from filed accounts. Not audited figures.