Therefore Limited
02798150
Some Concerns
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 10/03/2026
Due 24/03/2027
Industry
Officers
director · Since 10/03/1993
INDUSTRIAL DESIGNER
BRITISH · ENGLAND · Age 70
Also on 3 other boards
secretary · Since 10/03/1993
DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 5 other boards
Former
director · Resigned 26/05/2026
director · Resigned 27/05/2026
director · Resigned 27/05/2026
Persons with Significant Control
Mr Graham Ashley Brett
British · England · Age 70
49, Tabernacle Street, London, EC2A 4AA
Notified 06/04/2016
Mr. Martin Philip Riddiford
British · United Kingdom · Age 71
49, Tabernacle Street, London, EC2A 4AA
Notified 06/04/2016
Charges0 outstanding
SPOT PROPERTY COMPANY LIMITED
BARCLAYS BANK PLC
Insolvency History1 case
Adam Price (practitioner) · Lane Gary Bednash (practitioner)
Change History
Active
Private Limited Company
2-3 SCALA STREET
CompanyRankvs 80+ SIC 71121 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Insolvency history: -10 pts
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
Tax at Year End(2024)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.67 | +£764k |
| 2024 | 9.71 | +£0 |
| 2023 | 39.32 | — |
Derived from filed accounts. Not audited figures.