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Cardstream Limited

03864244

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

BIRCHES CORNER, TAUNTON, TA1 2LP
Incorporated 25/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Adam James Sharpe

director · Since 20/03/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 7 other boards

Persons with Significant Control

Mr Adam James Sharpe

75–100% shares
75–100% votes
Appoint directors

British · England · Age 41

Birches Corner, Heron Gate, Taunton, TA1 2LP

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NICHOLAS WALPOLE AND MARTYN SLOCOMBE AS TRUSTEES FOR TUMBLEWEED DISCRETIONARY TRUST

Created 07/05/2020Registered 07/05/2020Satisfied 26/06/2023

CompanyRankvs 2805+ SIC 63110 peers
52

Financial strength99th percentile among SIC peers · 25/25
Employees48th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
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 strength25/25 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.

Liquidity0/20 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

that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. Group accounts exemption Group accounts exemption s399 The Company has taken advantage of the exemption und

Key FinancialsYear ending 31/12/2024

Net Worth

£5.1M

Balance sheet strength

Cash

£559k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.9M

Fixed Assets

£45k

Debtors

£1.5M

1avg. employees

Tax at Year End(2023)

VAT£56k

Director Loans

Company owes directors£0

Balance Sheet

Intangible assets£6.3M
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2024+£703k
20231.02-£915k£1.1M
20221.91+£174k£1.1M
20215.50+£1.9M£1.3M
20204.17+£2.2M£1.6M
20191.57+£559k£550k
20181.29

Derived from filed accounts. Not audited figures.