42 Technology Limited
04341237
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
director · Since 01/01/2014
ENGINEERING CONSULTANT
BRITISH · ENGLAND · Age 45
director · Since 13/01/2020
DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 2 other boards
director · Since 19/07/2022
ENGINEERING CONSULTANT
BRITISH · ENGLAND · Age 42
Also on 1 other board
director · Since 01/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 1 other board
director · Since 19/12/2024
TECHNOLOGY CONSULTANT
BRITISH · ENGLAND · Age 51
Also on 1 other board
director · Since 26/03/2025
ACCOUNTANT
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Persons with Significant Control
42 Technology Group Limited
Building 1020, Cambourne Park Science & Technology Campus, Cambridge, CB23 6DW
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 23+ SIC 72190 peers70
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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
Outstanding charges: -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
Key FinancialsYear ending 31/12/2024
Net Worth
£4.4M
Balance sheet strength
Cash
£2.9M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£4.5M
Working capital
Current Assets
£6.4M
Current Liabilities
£1.9M
Fixed Assets
£187k
Debtors
£3.5M
Cost of Sales
£3.6M
Admin Expenses
£6.4M
Profit After Tax
£948k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.33 | +£948k |
| 2023 | 3.24 | +£565k |
| 2022 | 3.99 | +£560k |
| 2021 | 4.96 | +£107k |
| 2020 | 5.60 | -£2.6M |
| 2018 | 8.57 | — |
Derived from filed accounts. Not audited figures.