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Changing Systems Limited

04140791

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

364 - 366 CEMETERY ROAD, SHEFFIELD, S11 8FT
Incorporated 15/01/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr George Nicholas Wilson

secretary · Since 15/01/2001

DIRECTOR

BRITISH · Age 62

Also on 1 other board

Mr George Nicholas Wilson

director · Since 15/01/2001

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Helena Jane Wilson

director · Since 15/01/2001

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr George Nicholas Wilson

25–50% shares

British · England · Age 62

364 - 366, Cemetery Road, Sheffield, S11 8FT

Notified 06/04/2016

Mrs Helena Jane Wilson

25–50% shares

British · England · Age 63

364 - 366, Cemetery Road, Sheffield, S11 8FT

Notified 06/04/2016

CompanyRankvs 3347+ SIC 62020 peers
82

Financial strength84th percentile among SIC peers · 21/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.2× · 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 strength21/25 pts

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

Employees11/15 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 31/01/2025

Net Worth

£73k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£99k

Current Liabilities

£24k

Fixed Assets

£2k

Debtors

£97k

2avg. employees

Balance Sheet

Intangible assets£1k
Assets less current liabilities£78k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20254.20+£7k
20243.46+£27k
20233.03+£38k
20221.96
20212.21
20200.95
20190.91

Derived from filed accounts. Not audited figures.