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Paramet Limited

03559788

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

NORTHGATE HOUSE PLOUGH ROAD, COLCHESTER, CO7 8LG
Incorporated 07/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr David William Andrews

director · Since 31/12/2000

PROGRAMMER

BRITISH · ENGLAND · Age 71

Richard John Spurgeon

director · Since 07/05/2004

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 45

David William Andrews

secretary · Since 21/03/2005

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr. James William Spurgeon

director · Since 25/12/2016

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr David William Andrews

25–50% shares

British · England · Age 71

Northgate House, Plough Road, Colchester, CO7 8LG

Notified 02/05/2016

Mr Richard John Spurgeon

25–50% shares

British · England · Age 45

Northgate House, Plough Road, Colchester, CO7 8LG

Notified 02/05/2016

Mr. James William Spurgeon

25–50% shares

British · England · Age 43

Northgate House, Plough Road, Colchester, CO7 8LG

Notified 01/11/2016

CompanyRankvs 12284+ SIC 62012 peers
66

Financial strength52th percentile among SIC peers · 13/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.59× · 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 strength13/25 pts

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

Employees3/15 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 31/05/2025

Net Worth

£1k

Balance sheet strength

Cash

£432k

Cash in the bank

Net Current Assets

£443k

Working capital

Current Assets

£615k

Current Liabilities

£171k

Fixed Assets

£4k

Debtors

£174k

0avg. employees

Tax at Year End

Corp tax£72k

Balance Sheet

Assets less current liabilities£447k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.59
20253.59
20243.88
20234.07
20224.70
20213.50
20203.76
20193.00+£54k
20183.11

Derived from filed accounts. Not audited figures.