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Sytel Limited

02904080

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1 Upper Gladstone Road, Chesham, Buckinghamshire, HP5 3AF
Incorporated 02/03/1994

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

28/12/2026

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Michael Stuart Mckinlay

secretary · Since 02/03/1994

New Zealander

Michael Stuart Mckinlay

director · Since 02/03/1994

New Zealander · England · Age 82

Garry John Pearson

director · Since 18/11/2004

British · England · Age 55

David John Neale

director · Since 17/03/2025

British · England · Age 55

Former

Robert Kester Hessenberg

director · Resigned 01/03/1996

Alison Mckinley

director · Resigned 21/08/1998

James Melvin Feeney

director · Resigned 23/11/2004

Paul Francis Clark

director · Resigned 02/04/2017

Eduardo Miller

director · Resigned 14/04/2023

Persons with Significant Control

Mr Michael Stuart Mckinlay

50–75% shares
50–75% votes

New Zealander · England · Age 82

1 Upper Gladstone Road, Buckinghamshire, HP5 3AF

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

REWARD FINANCE GROUP LIMITED

Created 24/11/2022Registered 28/11/2022Satisfied 14/08/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/11/2019Registered 08/11/2019
charge
satisfied

MIDLAND BANK PLC

Created 20/03/1996Registered 21/03/1996Satisfied 24/04/2012

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line11 Upper Gladstone Road
2026-06-09

1 UPPER GLADSTONE ROAD

post townBuckinghamshire
2026-06-09

BUCKINGHAMSHIRE

officer appointedMCKINLAY, Michael Stuart
2026-06-09
officer appointedMCKINLAY, Michael Stuart
2026-06-09
officer appointedNEALE, David John
2026-06-09
officer appointedPEARSON, Garry John
2026-06-09

CompanyRankvs 4406+ SIC 62012 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.21× · 12/20
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 strength21/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£84k

Balance sheet strength

Cash

£501

Cash in the bank

Net Current Assets

£170k

Working capital

Current Assets

£986k

Current Liabilities

£816k

Fixed Assets

£1

Debtors

£985k

Profit After Tax

-£98k

14avg. employees

Tax at Year End

Corp tax£56k

People Costs

Wages & salaries£717k
NI contributions£83k

Balance Sheet

Assets less current liabilities£170k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21+£0
20251.21+£27k
20241.27+£252k
20231.09-£306k
20221.72-£542k
20213.42-£715k
20205.45

Derived from filed accounts. Not audited figures.