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Heart Systems Limited

02720351

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

9 LOWER BROAD STREET, LUDLOW, SY8 1PQ
Incorporated 04/06/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Sarah Helen Kennett

director · Since 01/09/2007

MANAGER

BRITISH · ENGLAND · Age 46

Miss Emily Murphy

director · Since 02/12/2010

SALES DIRECTOR

BRITISH · ENGLAND · Age 43

Miss Jenny Melissa Jones

secretary · Since 31/07/2017

Persons with Significant Control

Mrs Helen Young

75–100% shares

British · United Kingdom · Age 71

9, Lower Broad Street, Ludlow, SY8 1PQ

Notified 30/06/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/06/2009Registered 05/06/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/04/2007Registered 26/04/2007Satisfied 06/05/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/09/2000Registered 10/10/2000Satisfied 30/11/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/09/2000Registered 20/09/2000Satisfied 17/03/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/12/1997Registered 05/01/1998Satisfied 15/07/2000

CompanyRankvs 11457+ SIC 62012 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

£161k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

Current Liabilities

£126k

Fixed Assets

£120k

Debtors

£88k

5avg. employees

Tax at Year End(2024)

VAT£5k

People Costs(2017)

Wages & salaries£263k
NI contributions£33k

Balance Sheet

Intangible assets£100k
Assets less current liabilities£161k
Signed by Mrs Sarah Kennett

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025-£7k
20241.56-£5k£103k
20231.62+£4k£97k
20221.64+£35k£157k
20211.31-£9k£209k
20201.36+£75k£223k
20190.74-£124k£235k
20180.92+£26k£272k
20171.10£273k

Derived from filed accounts. Not audited figures.