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Therefore Limited

02798150

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

2-3 SCALA STREET, W1T 2HN
Incorporated 10/03/1993

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

71121
Engineering design activities for industrial process and production
74100
Specialised design activities

Officers

Graham Brett

secretary · Since 10/03/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Mr Graham Ashley Brett

director · Since 10/03/1993

INDUSTRIAL DESIGNER

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Persons with Significant Control

Mr Graham Ashley Brett

25–50% shares
25–50% votes

British · England · Age 70

2-3 Scala Street, W1T 2HN

Notified 06/04/2016

Mr. Martin Philip Riddiford

25–50% shares
25–50% votes

British · United Kingdom · Age 71

2-3 Scala Street, W1T 2HN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

SPOT PROPERTY COMPANY LIMITED

Created 10/07/2006Registered 13/07/2006
charge
satisfied

BARCLAYS BANK PLC

Created 20/07/2004Registered 28/07/2004Satisfied 27/05/2026
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 28/02/1995Registered 07/03/1995Satisfied 30/10/2004

CompanyRankvs 88+ SIC 71121 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.67× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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88Therefore Limited
88
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.

Employees14/15 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 31/03/2025

Net Worth

£798k

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

£670k

Working capital

Current Assets

£748k

Current Liabilities

£77k

Fixed Assets

£128k

Debtors

£350k

9avg. employees-5

Tax at Year End(2024)

Corp tax£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20259.67+£764k
20249.71+£0
202339.32+£0
202220.69+£0
20215.94+£0
20207.11+£0
201910.60+£0
201730.54—

Derived from filed accounts. Not audited figures.