Myrtle Software Limited
04978210
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
director · Since 09/02/2017
TECHNOLOGY INVESTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 2 other boards
secretary · Since 22/11/2024
Persons with Significant Control
Mr Peter John Baldwin
British · United Kingdom · Age 53
Third Floor, 59 St Andrews Street, Cambridge, CB2 3BZ
Notified 06/04/2016
Charges1 outstanding
INNOVATE UK LOANS LIMITED
CompanyRankvs 6409+ SIC 62012 peers64
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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
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
£44
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£1.6M
Working capital
Current Assets
£2.0M
Current Liabilities
£308k
Fixed Assets
£79k
Debtors
£942k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.35 | — |
| 2023 | 27.29 | — |
| 2022 | 13.16 | +£2.3M |
| 2021 | 4.67 | -£611k |
| 2020 | 5.14 | -£1.5M |
| 2019 | 28.83 | -£928k |
| 2018 | 72.84 | — |
Derived from filed accounts. Not audited figures.