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Axomic Ltd

04582960

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

2ND FLOOR, LONDON, EC2A 4LU
Incorporated 06/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Daniel Emmerson

director · Since 25/11/2002

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Peter Gordon Walsham

director · Since 25/11/2002

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Openasset Enterprises Ltd

75–100% shares
75–100% votes
Appoint directors

2nd Floor 4 Tabernacle Street, Tabernacle Street, London, EC2A 4LU

Reg: 14398715 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 02/11/2022

Former PSCs

Mr Peter Gordon Walsham

Ceased 02/11/2022

Mr Daniel Emmerson

Ceased 02/11/2022

Charges3 outstanding

Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 21/01/2026Registered 22/01/2026
Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 21/01/2026Registered 22/01/2026
Charge
outstanding

HSBC INNOVATION BANK LIMITED

Created 21/01/2026Registered 22/01/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/09/2004Registered 09/09/2004Satisfied 07/03/2022

CompanyRankvs 18131+ SIC 62012 peers
43

Financial strength48th percentile among SIC peers · 12/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength12/25 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.

Liquidity6/20 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

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 going co

Key FinancialsYear ending 31/01/2025

Turnover

£9.3M

Annual revenue

Net Worth

£400

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

-£201k

Bottom line earnings

Net Current Assets

-£1.8M

Working capital

Current Assets

£4.2M

Current Liabilities

£6.0M

Fixed Assets

£58k

Debtors

£1.5M

Cost of Sales

£716k

Gross Profit

£8.6M

Admin Expenses

£8.8M

Operating Profit

-£232k

Profit After Tax

-£201k

26avg. employees-2

Balance Sheet

Intangible assets£39k
Assets less current liabilities-£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70
20231.04-£701k
202222.25+£199k
20211.19+£657k
20200.98-£497k
20191.30

Derived from filed accounts. Not audited figures.