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Cifer Data Systems Limited

02739905

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT D2 COMMERCE PARK, FROME, BA11 2RY
Incorporated 14/08/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Mrs Madeleine Goddard

director · Since 18/10/1993

SALES AND MARKETING

BRITISH · ENGLAND · Age 80

Mr Michael David Rice

director · Since 06/09/1994

SALES & MARKETING

BRITISH · ENGLAND · Age 60

Peter Tait

secretary · Since 30/04/2000

BRITISH · Age 55

Persons with Significant Control

Mrs Madeleine Goddard

50–75% shares
50–75% votes

British · England · Age 80

Unit D2 Commerce Park, Southgate, Frome, BA11 2RY

Notified 06/04/2016

Mr Michael David Rice

25–50% shares
25–50% votes

British · England · Age 60

Unit D2 Commerce Park, Southgate, Frome, BA11 2RY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 23/05/2003Registered 28/05/2003Satisfied 14/06/2023
charge
satisfied

MIDLAND BANK PLC

Created 03/02/1997Registered 21/02/1997Satisfied 14/06/2023

CompanyRankvs 266+ SIC 26200 peers
65

Financial strength65th percentile among SIC peers · 16/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength16/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

£44k

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£339k

Current Liabilities

£403k

Fixed Assets

£123k

Debtors

£121k

8avg. employees

Tax at Year End

Corp tax£764
VAT£21k

Director Loans

Company owes directors£297k

Balance Sheet

Assets less current liabilities£59k
Signed by Mrs Madeleine Goddard 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.84-£3k£418k
20231.12+£110k£409k
20210.84+£22k
20200.73+£6k
20190.66-£26k
20180.67-£22k
20170.71

Derived from filed accounts. Not audited figures.