Square Box Systems Limited
03819556
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
secretary · Since 11/03/2021
BRITISH
Also on 1295 other boards
corporate secretary · Since 11/03/2021
Reg: 06902863
Also on 1295 other boards
Former
corporate nominee secretary · Resigned 04/08/1999
secretary · Resigned 25/05/2007
secretary · Resigned 12/12/2020
director · Resigned 24/08/2021
director · Resigned 18/08/2023
director · Resigned 02/06/2025
secretary · Resigned 18/08/2025
director · Resigned 18/08/2025
Persons with Significant Control
Quantum Corporation
10770, E Briarwood Ave, Centennial, 80112
Notified 12/12/2020
Former PSCs
Mr Rolf Michael Howarth
Ceased 12/12/2020
Charges0 outstanding
BLUE TORCH FINANCE LLC
BLUE TORCH FINANCE LLC
BLUE TORCH FINANCE LLC
U.S. BANK NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
Change History
Active
Private Limited Company
C/O TMF GROUP 13TH FLOOR
LONDON
CompanyRankvs 8530+ SIC 62020 peers79
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
financial statements is provided in accordance with s444(5B) of the Companies Act 2006 . The auditor's report is unqualified and includes the following: Material uncertainty related to going concern We draw attention to note 1.2 to the financial statements which indicates that the company is reliant on the support of its parent undertaking, Quantum Corporation, to continue as a goin
Key FinancialsYear ending 31/03/2024
Net Worth
£2.4M
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
£2.4M
Working capital
Current Assets
£3.1M
Current Liabilities
£669k
Fixed Assets
£3k
Debtors
£3.1M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.62 | -£1.4M |
| 2023 | 9.72 | +£1.5M |
| 2022 | 5.35 | -£56k |
| 2021 | 3.23 | +£330k |
| 2020 | 4.71 | +£458k |
| 2019 | 3.48 | -£209k |
| 2018 | 4.60 | — |
Derived from filed accounts. Not audited figures.