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Financial Software Limited

02959347

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

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

Details

5TH FLOOR, LONDON, EC2V 8EY
Incorporated 16/08/1994

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr David Mark Pirrie

director · Since 16/08/1994

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 65

Ms Zuzana Chroma

secretary · Since 09/04/2014

Mr Michael John Baker

director · Since 01/10/2024

DIRECTOR

BRITISH · FRANCE · Age 54

Also on 4 other boards

Mr Michael Francis Edwards

director · Since 01/08/2025

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Industrial Thought Ltd

75–100% shares

5th Floor, Ironmonger Lane, London, EC2V 8EY

Reg: 08809746 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 31/08/2023Registered 08/09/2023

CompanyRankvs 50+ SIC 62012 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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 31/12/2025

Net Worth

£4.3M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Net Current Assets

£4.3M

Working capital

Current Assets

£8.3M

Current Liabilities

£4.1M

Fixed Assets

£98k

Debtors

£5.9M

25avg. employees-6

Balance Sheet

Assets less current liabilities£4.4M
Signed by 02959347 2025-01-01 2025-12-31 02959347 2025-12-31 02959347 bus:OrdinaryShareClass2 2025-12-31 02959347 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05-£109k
20241.93-£78k
20232.25

Derived from filed accounts. Not audited figures.