Device Authority Ltd
04676191
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 21/02/2026
Due 07/03/2027
Industry
Officers
secretary · Since 22/01/2019
director · Since 26/12/2023
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Tern Plc
27/28, Eastcastle Street, London, W1W 8DH
Reg: 05131386 · Aim - London Stock Exchange · Public Limited Company
Notified 06/04/2016
Charges0 outstanding
ALSOP LOUIE CAPITAL, 3 L.P.
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ANN SAMENUK REVOCABLE TRUST DATED 8/12/1996
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ANN SAMENUK REVOCABLE TRUST DATED 8/12/1996
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ANN SAMENUK REVOCABLE TRUST DATED 8/12/1996
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ANN SAMENUK REVOCABLE TRUST DATED 8/12/1996
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ESTATE OF GEORGE SAMEUK
TERN PLC
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ESTATE OF GEORGE SAMENUK
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · THE ESTATE OF GEORGE SAMENUK
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · GEORGE SAMENUK
TERN PLC · ALSOP LOUIE CAPITAL, 3 L.P. · GEORGE SAMENUK
TERN PLC; ALSOP LOUIE CAPITAL, 3 L.P.; THE SAMENUK FAMILY TRUST OF 2012
TERN PLC; ALSOP LOUIE CAPITAL, 3 L.P.; GEORGE SAMENUK
TERN PLC
TERN PLC
CompanyRankvs 143010+ SIC 62012 peers65
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in depth analysis of input cost, and a range of scenario planning.Having taken all the above into consideration, the directors consider it appropriate to prepare thefinancial statements on the going concern basis. These circumstances form a material uncertainty onthe company’s ability to continue as a going concern as financial support required may be contingenton future fund raises.Foreign curren
Key FinancialsYear ending 31/12/2021
Net Worth
£3.8M
Balance sheet strength
Cash
£809k
Cash in the bank
Net Current Assets
-£2.5M
Working capital
Current Assets
£3.2M
Current Liabilities
£5.7M
Fixed Assets
£6.4M
Debtors
£2.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.55 | +£11.9M |
| 2020 | 0.20 | -£5.5M |
| 2019 | 0.42 | -£1.7M |
| 2018 | 0.62 | — |
Derived from filed accounts. Not audited figures.