Derivation Software Limited
03633831
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/09/2025
Due 01/10/2026
Industry
Officers
secretary · Since 08/04/2016
director · Since 08/04/2016
CHAIRMAN AND CEO
FRENCH · FRANCE · Age 74
Also on 2 other boards
secretary · Since 01/06/2023
Persons with Significant Control
Mr Anvaraly Jiva
French · France · Age 74
8-10 Old Jewry, 8-10 Old Jewry, London, EC2R 8DN
Notified 08/04/2016
Charges1 outstanding
HSBC BANK PLC
THE COUNCIL OF THE BOROUGH OF SOUTH TYNESIDE
THE COUNCIL OF THE BOROUGH OF SOUTH TYNESIDE
THE COUNCIL OF THE BOROUGH OF SOUTH TYNESIDE
CompanyRankvs 28754+ SIC 62012 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con
Key FinancialsYear ending 31/12/2021
Turnover
£460k
Annual revenue
Net Worth
-£789k
Balance sheet strength
Cash
£367k
Cash in the bank
Profit Before Tax
-£114k
Bottom line earnings
Net Current Assets
-£887k
Working capital
Current Assets
£818k
Current Liabilities
£1.7M
Fixed Assets
£98k
Debtors
£450k
Operating Profit
-£107k
Profit After Tax
-£80k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.48 | -£80k |
| 2020 | 0.42 | -£212k |
| 2019 | 0.51 | -£397k |
| 2018 | 0.74 | — |
Derived from filed accounts. Not audited figures.