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Systemhaven Limited

04205376

active
ltd
england wales
Companies House
Insolvency history
Confirmation statement overdue
Health Score
43 / 100

Notable Risks

15/30
Filing
10/30
Financial
18/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

6 Wharf Studios, 28, Wharf Road, London, N1 7GR
Incorporated 25/04/2001

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/05/2025

Due 02/06/2026

Overdue

Industry

68209
Other letting and operating of own or leased real estate

Officers

Cormac James Byrne

director · Since 21/01/2002

Irish · United Kingdom · Age 75

Former

Marie Byrne

secretary · Resigned 22/02/2022

Patrick Joseph Byrne

director · Resigned 26/07/2024

Persons with Significant Control

Mr Cormac James Byrne

25–50% shares
75–100% votes

Irish · England · Age 75

6 Wharf Studios, 28, Wharf Road, London, N1 7GR

Notified 06/04/2016

Former PSCs

Mr Patrick Joseph Byrne

Ceased 26/07/2024

Charges1 outstanding

Charge
outstanding

COHORT CAPITAL LTD

Created 01/05/2026Registered 01/05/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 16/11/2004Satisfied 29/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 29/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 29/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 29/04/2022
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/03/2002Registered 04/04/2002Satisfied 29/04/2022

Insolvency History1 case

moratorium

Paul Robert Appleton (practitioner) · Asher Miller (practitioner)

Change History

statusactive
2026-06-11

Active

typeltd
2026-06-11

Private Limited Company

address line16 Wharf Studios
2026-06-11

6 WHARF STUDIOS

post townLondon
2026-06-11

LONDON

CompanyRankvs 124378+ SIC 68209 peers
18

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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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.

Employees3/15 pts

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

Liquidity2/20 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 compliance5/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

sufficient financial resources will be generated to enable the Group and Company to meet its liabilities as they fall due for the period to 3 February 2027. Material uncertainty related to going concern Following a fellow group company, Ardmore Construction Limited, entering administration in August 2025 the Company and Group are exposed to the potential for Building Liability Orders (“

Key FinancialsYear ending 30/09/2024

Net Worth

£980k

Balance sheet strength

Cash

£98k

Cash in the bank

Net Current Assets

-£3.8M

Working capital

Current Assets

£99k

Current Liabilities

£3.9M

Debtors

£1k

0avg. employees-2023

Balance Sheet

Assets less current liabilities-£739k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£0
20230.01

Derived from filed accounts. Not audited figures.