Back to search

Abacus Software Limited

03387095

active
Private Limited Company
england wales
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

5 BRAYFORD SQUARE, LONDON, E1 0SG
Incorporated 16/06/1997

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/07/2025

Due 17/07/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Scott Edward Roessler

director · Since 02/03/2022

CEO

AMERICAN · UNITED STATES · Age 63

Mr Michael David Moore

director · Since 06/11/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Persons with Significant Control

Urdgrup Limited

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

5, Brayford Square, London, E1 0SG

Notified 02/03/2022

Former PSCs

Bgf Gp Limited

Ceased 02/03/2022

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2011Registered 04/10/2011Satisfied 02/03/2022
charge
satisfied

BOND INTERNATIONAL SOFTWARE PLC

Created 08/04/2011Registered 20/04/2011Satisfied 14/08/2013
charge
satisfied

THE CROWN ESTATE COMMISSIONERS ON BEHALF OF HER MAJESTY ACTING IN EXERCISE OF THE POWERS CONFER

Created 19/03/2010Registered 25/03/2010Satisfied 04/04/2014
charge
satisfied

BARCLAYS BANK PLC

Created 12/07/2006Registered 28/07/2006Satisfied 15/04/2011
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/06/2006Registered 04/07/2006Satisfied 09/10/2006
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/05/2005Registered 17/05/2005Satisfied 09/10/2006
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/05/2005Registered 17/05/2005Satisfied 10/11/2006
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 18/01/2005Registered 21/01/2005Satisfied 09/10/2006
charge
satisfied

BARCLAYS BANK PLC

Created 13/05/2004Registered 21/05/2004Satisfied 01/08/2006

CompanyRankvs 95626+ SIC 62020 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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 31/12/2018

Net Worth

-£2.4M

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.8M

Fixed Assets

£1.1M

Debtors

£1.7M

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£1.1M
Signed by 2018-01-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20180.99

Derived from filed accounts. Not audited figures.