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Raw Material Software Limited

03971916

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

5 TECHNOLOGY PARK, COLINDALE, NW9 6BX
Incorporated 13/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Paul Allen Cronce

director · Since 31/03/2020

CEO

AMERICAN · UNITED STATES · Age 65

Also on 1 other board

Mr Andrew Anderson Kirk

director · Since 31/03/2020

VICE PRESIDENT

AMERICAN · UNITED STATES · Age 61

Also on 1 other board

Mr Thomas Benjamin Poole

director · Since 09/04/2020

SOFTWARE DEVELOPER

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Paul Allen Cronce

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

American · United States · Age 65

1860, South Bascom Ave, Campbell, 95008

Notified 31/03/2020

Former PSCs

Roli Ltd.

Ceased 10/06/2020

Pace Anti-Piracy, Inc.

Ceased 31/03/2020

Charges0 outstanding

Charge
satisfied

TRIPLEPOINT VENTURE GROWTH BDC CORP.

Created 23/05/2018Registered 31/05/2018Satisfied 09/04/2020
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satisfied

SILICON VALLEY BANK COMPANY NUMBERS BR014561 AND FC029579

Created 13/06/2017Registered 20/06/2017Satisfied 30/05/2018
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satisfied

KREOS CAPITAL V (UK) LIMITED (REGISTERED NUMBER: 09728300)

Created 21/03/2017Registered 05/04/2017Satisfied 30/05/2018
Charge
satisfied

KREOS CAPITAL IV (UK) LIMITED (REGISTERED NUMBER: 07758282)

Created 21/03/2017Registered 05/04/2017Satisfied 15/06/2017
Charge
satisfied

KREOS CAPITAL IV (UK) LIMITED

Created 01/07/2015Registered 08/07/2015Satisfied 15/06/2017
Charge
satisfied

JULIAN STORER

Created 01/10/2014Registered 02/10/2014Satisfied 09/03/2017

CompanyRankvs 905+ SIC 62012 peers
86

Financial strength93th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.26× · 20/20
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 strength23/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£320k

Balance sheet strength

Cash

£323k

Cash in the bank

Net Current Assets

£314k

Working capital

Current Assets

£410k

Current Liabilities

£96k

Fixed Assets

£10k

Debtors

£87k

4avg. employees

Tax at Year End

Corp tax£6k

People Costs(2020)

Wages & salaries£210k
NI contributions£21k

Balance Sheet

Assets less current liabilities£323k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.26+£27k
20232.74-£146k
20223.27+£322k
20211.77+£87k
20201.19

Derived from filed accounts. Not audited figures.