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Paradise Software Limited

03781271

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17 Fairbairn Road, Cambridge, Cambridgeshire, CB4 1UG
Incorporated 02/06/1999

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 02/06/2026

Due 16/06/2027

On track

Industry

59200
Sound recording and music publishing activities
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Timothy Russel Wheals

director · Since 16/06/1999

COMPUTER CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Timothy Russel Wheals

director · Since 16/06/1999

British · United Kingdom · Age 54

Former

Jsa Secretaries Limited

corporate nominee secretary · Resigned 16/06/1999

Jsa Nominees Limited

corporate nominee director · Resigned 16/06/1999

David Charles Wheals

secretary · Resigned 22/12/2010

Persons with Significant Control

Mr Timothy Russel Wheals

75–100% shares

British · England · Age 54

17 Fairbairn Road, Cambridgeshire, CB4 1UG

Notified 06/04/2016

Change History

officer appointedWHEALS, Timothy Russel
2026-08-10
statusactive
2026-08-10

Active

typeltd
2026-08-10

Private Limited Company

address line117 Fairbairn Road
2026-08-10

17 FAIRBAIRN ROAD

post townCambridgeshire
2026-08-10

CAMBRIDGESHIRE

CompanyRankvs 8505+ SIC 59200 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.23× · 2/20
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 strength1/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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

-£53k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£16k

Current Liabilities

£68k

Fixed Assets

£623

Debtors

£10k

Profit After Tax

-£13k

1avg. employees

Balance Sheet

Assets less current liabilities-£52k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£0
20250.23-£13k
20240.32-£19k
20230.64

Derived from filed accounts. Not audited figures.