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Appspace Solutions Limited

04346125

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

5 MARKET YARD MEWS, LONDON, SE1 3TQ
Incorporated 31/12/2001

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

62012
Business and domestic software development

Officers

Cornhill Secretaries Limited

secretary · Since 13/07/2014

Also on 241 other boards

Sara Runkle Nichols

director · Since 29/08/2022

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 53

Persons with Significant Control

Former PSCs

Brandon Miles

Ceased 26/08/2019

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

Created 25/04/2024Registered 25/04/2024

CompanyRankvs 27826+ SIC 62012 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.28× · 2/20
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 strength0/25 pts

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

Employees15/15 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 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

-£1.5M

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£597k

Current Liabilities

£2.2M

Fixed Assets

£37k

Debtors

£517k

26avg. employees

Balance Sheet

Assets less current liabilities-£1.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.28

Derived from filed accounts. Not audited figures.