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New Signature Uk Limited

04972823

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

280 BISHOPSGATE, LONDON, EC2M 4AG
Incorporated 21/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ian Patrick David Mcbrinn

director · Since 26/09/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Uk Bsi Holdings Limited

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

Laxmi Building, Bermondsey Street, London, SE1 3XJ

Reg: 08500783 · Companies House Uk · Limited Company

Notified 21/11/2016

Charges0 outstanding

Charge
satisfied

COMERICA BANK

Created 31/10/2017Registered 07/11/2017Satisfied 19/08/2020
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 04/11/2014Registered 04/11/2014Satisfied 09/11/2017
Charge
satisfied

BESTPORT VENTURES LLP (THE SECURITY TRUSTEE)

Created 12/07/2013Registered 26/07/2013Satisfied 17/05/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 02/07/2007Registered 06/07/2007Satisfied 21/08/2013

CompanyRankvs 2006+ SIC 62012 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.89× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

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 concern are d

Key FinancialsYear ending 30/06/2021

Turnover

£40.0M

Annual revenue

Net Worth

£9.8M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£8.8M

Working capital

Current Assets

£18.6M

Current Liabilities

£9.8M

Fixed Assets

£1.1M

Debtors

£16.9M

Cost of Sales

£24.6M

Gross Profit

£15.4M

Admin Expenses

£13.4M

Operating Profit

£1.9M

Profit After Tax

£1.9M

223avg. employees+56

People Costs

Wages & salaries£19.7M
NI contributions£2.1M

Balance Sheet

Intangible assets£639k
Assets less current liabilities£9.8M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20211.89+£12.3M
20200.96+£698k
20190.87+£581k
20180.74

Derived from filed accounts. Not audited figures.