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Kurtosys Systems Limited

04395076

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

66 PAUL STREET, LONDON, EC2A 4NA
Incorporated 14/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Harry Thompson

secretary · Since 14/03/2002

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Harry Thompson

director · Since 05/12/2003

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Mr Lee David Godfrey

director · Since 01/01/2022

CEO

LUXEMBOURGER · LUXEMBOURG · Age 56

Mr Justin Charles Larsen

director · Since 09/07/2024

CFO

SOUTH AFRICAN · SOUTH AFRICA · Age 44

Persons with Significant Control

Kurtosys Systems Inc

75–100% shares

5540 Centerview Dr, Suite 204, Pmb 45610, Raleigh, 27606

Reg: 4099070 For Delaware, 20-5529259 · Delaware · Corporation

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 20/12/2023Registered 21/12/2023
Charge
satisfied

VISTARA TECHNOLOGY GROWTH FUND III LIMITED PARTNERSHIP (ACTING BY ITS GENERAL PARTNER VISTARA G

Created 31/12/2019Registered 07/01/2020Satisfied 21/12/2023
Charge
satisfied

SILICON VALLEY BANK

Created 05/09/2014Registered 12/09/2014Satisfied 23/11/2023
charge
satisfied

SQUARE 1 BANK (THE BANK)

Created 23/12/2011Registered 10/01/2012Satisfied 27/06/2015
charge
satisfied

GFA INVESTMENTS LIMITED AND WIMBLEDON OFFICES LIMITED

Created 19/03/2007Registered 22/03/2007Satisfied 27/06/2015

CompanyRankvs 33381+ SIC 62090 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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.

Liquidity0/20 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

-£11.5M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£2.3M

Fixed Assets

£14k

Debtors

£1.5M

Profit After Tax

£803k

18avg. employees+3

Balance Sheet

Assets less current liabilities-£9.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£74k
2023+£840k
20220.36-£2.8M
20210.46+£533k
20200.48-£364k
20190.38

Derived from filed accounts. Not audited figures.