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Generation 10 Limited

04130770

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THORS VIEW, WIRRAL, CH61 2XH
Incorporated 27/12/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62030
Computer facilities management activities

Officers

Mr Alan Richard Williamson

secretary · Since 10/05/2001

DIRECTOR

BRITISH · ENGLAND · Age 90

Also on 3 other boards

Mr Alan Richard Williamson

director · Since 10/05/2001

DIRECTOR

BRITISH · ENGLAND · Age 90

Also on 3 other boards

Mr Richard Williamson

director · Since 10/05/2001

SOFTWARE DESIGNER

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Richard Williamson

75–100% shares
75–100% votes

British · England · Age 53

Thors View, 11 Backford Road, Wirral, CH61 2XH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 12/06/2003Registered 14/06/2003

CompanyRankvs 9212+ SIC 62012 peers
64

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

£396k

Balance sheet strength

Cash

£97k

Cash in the bank

Net Current Assets

-£176k

Working capital

Current Assets

£265k

Current Liabilities

£441k

Fixed Assets

£572k

Debtors

£168k

9avg. employees-2

Balance Sheet

Intangible assets£541k
Assets less current liabilities£396k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£598k
20230.50-£265k
20221.42+£47k
20211.33-£63k
20202.57-£11k
20191.74
20187.27

Derived from filed accounts. Not audited figures.