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Systemagic Limited

03783400

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

The Old Gas Warehouse, Frome Road, Bradford-On-Avon, BA15 1HA
Incorporated 07/06/1999

Previously known as

Total Cost Limited · until 24/06/1999

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 05/01/2026

Due 19/01/2027

On track

Industry

62020
Information technology consultancy activities

Officers

James Robert Eades

director · Since 01/01/2009

British · England · Age 45

Fiona Burgess

director · Since 22/08/2025

British · England · Age 37

Former

Michael Edward Wood

secretary · Resigned 28/09/2015

Michael Edward Wood

director · Resigned 28/09/2015

Martin Richard Spiller

director · Resigned 22/07/2021

Persons with Significant Control

The Asteria Group Limited

75–100% shares
75–100% votes

The Old Gas Warehouse, Frome Road, Bradford On Avon, BA15 1HA

Reg: 02602925 · Companies House · Limited Company

Notified 14/12/2023

Former PSCs

Computer Maintenance Cost Control Ltd

Ceased 11/06/2018

Mr James Robert Eades

Ceased 07/06/2023

The Asteria Group Limited

Ceased 14/12/2023

Mr James Eades

Ceased 14/12/2023

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1The Old Gas Warehouse
2026-06-09

THE OLD GAS WAREHOUSE

post townBradford-On-Avon
2026-06-09

BRADFORD-ON-AVON

CompanyRankvs 494+ SIC 62020 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 30/04/2026

Net Worth

£456k

Balance sheet strength

Cash

£470k

Cash in the bank

Net Current Assets

£393k

Working capital

Current Assets

£647k

Current Liabilities

£254k

Fixed Assets

£84k

Debtors

£177k

21avg. employees+3

Balance Sheet

Assets less current liabilities£477k
Signed by Mr James Eades 17/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.54+£15k
20252.71-£32k
20243.36+£75k
20232.50

Derived from filed accounts. Not audited figures.