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Albacore Systems Limited

02699515

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

THE MILL YARD NURSLING STREET, SOUTHAMPTON, SO16 0AJ
Incorporated 23/03/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Andrew John Puntis Bsc (Hons)

secretary · Since 23/03/1992

SOFTWARE ENGINEER

BRITISH · Age 61

Also on 3 other boards

Clifford Gerald Atkinson

director · Since 23/03/1992

SALESMAN

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Andrew John Puntis Bsc (Hons)

director · Since 23/03/1992

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Clifford Gerald Atkinson

25–50% shares
25–50% votes

British · England · Age 66

The Mill Yard, Nursling Street, Southampton, SO16 0AJ

Notified 23/03/2017

Mr Andrew John Puntis

25–50% shares
25–50% votes

British · England · Age 61

The Mill Yard, Nursling Street, Southampton, SO16 0AJ

Notified 23/03/2017

Charges0 outstanding

charge
satisfied

TIMOTHY JOBLING, RICHARD MICHAEL MOYSE

Created 17/10/2011Registered 26/10/2011Satisfied 05/01/2017

CompanyRankvs 2335+ SIC 62012 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.99× · 16/20
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 strength24/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£986k

Cash in the bank

Net Current Assets

£585k

Working capital

Current Assets

£1.2M

Current Liabilities

£593k

Fixed Assets

£589k

Debtors

£148k

23avg. employees

Tax at Year End(2017)

Corp tax£10k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.99+£422k
20241.61-£359k
20232.34+£112k
20221.81-£638k
20215.75+£706k
20207.05+£315k
20194.47+£192k
20173.88

Derived from filed accounts. Not audited figures.