Back to search

Cyclone Technology Limited

03114265

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OLD POST OFFICE, LUDLOW, SY8 2AE
Incorporated 16/10/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Philip Graham Baxter

director · Since 12/12/1995

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Maria Mina Baxter

director · Since 25/07/2024

MANAGER

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Persons with Significant Control

Mr Philip Graham Baxter

Significant control

British · England · Age 67

The Old Post Office, Stanton Lacy, Ludlow, SY8 2AE

Notified 01/10/2018

Mrs Maria Mina Baxter

Significant control
significant-influence-or-control-as-firm

British · United Kingdom · Age 64

The Old Post Office, Stanton Lacy, Ludlow, SY8 2AE

Notified 25/07/2024

Former PSCs

Mrs Maria Baxter

Ceased 17/08/2018

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 07/10/2004Registered 13/10/2004Satisfied 12/09/2009
charge
satisfied

HSBC BANK PLC

Created 22/09/2003Registered 24/09/2003Satisfied 19/03/2008

CompanyRankvs 28738+ SIC 62012 peers
46

Financial strength13th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£1k

Current Liabilities

£13k

Fixed Assets

£6k

2avg. employees+1

Director Loans(2023)

Company owes directors£10k

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr Philip Baxter 29/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£10k
2023-£3k
2022-£13k
2021-£21k
20181.89

Derived from filed accounts. Not audited figures.