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Binstead Systems Limited

03016682

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

20 MAYFIELD AVENUE, BRISTOL, BS16 3NL
Incorporated 31/01/1995

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

62090
Other information technology service activities

Officers

Mr. Malcolm John Binstead

director · Since 31/01/1995

COMPUTER PROGRAMMER/DESIGNER

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Mr. Malcolm John Binstead

75–100% shares

British · England · Age 72

20, Mayfield Avenue, Bristol, BS16 3NL

Notified 06/04/2016

CompanyRankvs 3424+ SIC 62090 peers
80

Financial strength97th percentile among SIC peers · 24/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 8.34× · 20/20
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 strength24/25 pts

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

Employees6/15 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 31/01/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£228k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.2M

Current Liabilities

£139k

Fixed Assets

£700

Debtors

£935k

1avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr Malcolm Binstead 21/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.34+£1k
20248.74-£26k
20233.55+£28k
20223.40-£13k
20213.50-£22k
202011.67-£29k
201917.43

Derived from filed accounts. Not audited figures.