Blue Bear Systems Research Ltd
03866330
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 29/07/2024
director · Since 02/09/2024
GROUP MANAGING DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Saab Uk Limited
2nd Floor, Kinnaird House, London, SW1Y 5AU
Reg: 01724399 · England And Wales · Private Company Limited By Shares
Notified 30/08/2023
Former PSCs
Dr Yoginee Patel
Ceased 28/10/2016
Blue Bear Systems Group Limited
Ceased 30/08/2023
CompanyRankvs 181+ SIC 82990 peers80
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£8.2M
Annual revenue
Net Worth
£5.1M
Balance sheet strength
Cash
£2.3M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£5.0M
Working capital
Current Assets
£5.6M
Current Liabilities
£549k
Fixed Assets
£105k
Debtors
£3.3M
Cost of Sales
£6.3M
Gross Profit
£1.9M
Admin Expenses
£3.4M
Operating Profit
£986k
Profit After Tax
£556k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 10.13 | +£556k |
| 2023 | 2.99 | — |
| 2022 | 5.59 | — |
| 2021 | 21.96 | — |
| 2020 | 5.21 | — |
| 2019 | 5.90 | -£76k |
| 2018 | 6.43 | — |
Derived from filed accounts. Not audited figures.