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Third Millennium Systems Limited

03199053

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

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

3 CAE GWYRDD, CARDIFF, CF15 7AB
Incorporated 15/05/1996

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Martin Huddart

secretary · Since 17/01/2025

Also on 2 other boards

Mr Martin Huddart

director · Since 17/01/2025

BUSINESS EXECUTIVE

AMERICAN,BRITISH · UNITED STATES · Age 57

Also on 2 other boards

Mr Bjã–Rn Einar Lidefelt

director · Since 17/03/2025

CHIEF EXECUTIVE

SWEDISH · UNITED STATES · Age 45

Also on 2 other boards

Persons with Significant Control

Hid Corporation Limited

75–100% shares
75–100% votes
Appoint directors

3, Cae Gwyrdd, Green Meadow Springs, CF15 7AB

Reg: 03568985 · Companies House · Private Limited Company

Notified 17/01/2025

Former PSCs

Mr Peter Lionel Jones

Ceased 17/01/2025

Cheryl Leigh Jones

Ceased 17/01/2025

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 17/07/2000Registered 25/07/2000Satisfied 09/12/2024
charge
satisfied

BARCLAYS BANK PLC

Created 10/10/1996Registered 25/10/1996Satisfied 25/07/1997

CompanyRankvs 63+ SIC 62012 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 10.08× · 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 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.

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

£4.6M

Balance sheet strength

Cash

£864k

Cash in the bank

Profit Before Tax

£277k

Bottom line earnings

Net Current Assets

£4.6M

Working capital

Current Assets

£5.1M

Current Liabilities

£510k

Fixed Assets

£20k

Debtors

£3.5M

21avg. employees-1

Tax at Year End

Corp tax£154k

Balance Sheet

Assets less current liabilities£4.7M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
202510.08-£127k
20245.00+£818k
20233.44+£1.4M
20223.73+£534k
20217.28+£242k
20205.46+£378k
20193.90

Derived from filed accounts. Not audited figures.