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The Positive Internet Company Limited

03673639

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

LEVEL ONE, BUCKHURST HILL, IG9 5BS
Incorporated 25/11/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities
63990
Other information service activities

Officers

Mr Nicholas William Mailer Ba Joint Hons

director · Since 25/11/1998

NETWORK MANAGER

BRITISH · UNITED KINGDOM · Age 51

Dr Tom Stuart Cordiner

director · Since 01/10/2009

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Nicholas William Mailer

25–50% shares
25–50% votes

British · England · Age 51

Level One, 86 Queens Road, Buckhurst Hill, IG9 5BS

Notified 06/04/2016

Former PSCs

Mr Joachim Bruno Jellinek

Ceased 13/10/2022

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 07/10/2009Registered 15/10/2009

CompanyRankvs 527+ SIC 63110 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity12/20 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 30/11/2024

Net Worth

£777k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£150k

Working capital

Current Assets

£1.1M

Current Liabilities

£940k

Fixed Assets

£991k

Debtors

£979k

12avg. employees-2

Tax at Year End

Corp tax£33k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16+£19k
20231.28+£38k
20221.46+£22k
20211.74+£43k
20201.51+£54k
20191.10+£18k
20181.08

Derived from filed accounts. Not audited figures.