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Ace Software Solutions Limited

03424072

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

83 CAMBRIDGE STREET, SW1V 4PS
Incorporated 22/08/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Daren Frederick Donald Trousdell

director · Since 07/02/2025

DIRECTOR

CANADIAN · UNITED STATES · Age 47

Persons with Significant Control

Mr Daren Trousdell

25–50% shares
25–50% votes
Appoint directors

Canadian · United States · Age 47

53 St. Georges Road, London, SW19 4EA

Notified 14/02/2025

Former PSCs

Mr Parth Balvantrai Desai

Ceased 07/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/10/2003Registered 15/10/2003

CompanyRankvs 10781+ SIC 62090 peers
64

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10781Ace Software Solutions Limited
70
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.

Employees14/15 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.

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 31/12/2023

Net Worth

£946k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£331k

Working capital

Current Assets

£3.7M

Current Liabilities

£4.0M

Fixed Assets

£1.6M

Debtors

£3.7M

12avg. employees

Tax at Year End

Corp tax£100k

Balance Sheet

Bank loans & overdrafts£248k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.92

Derived from filed accounts. Not audited figures.