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String Computer Systems Ltd

05014752

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

4B, EDWARD VII QUAY, PRESTON, PR2 2YF
Incorporated 14/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development
62020
Information technology consultancy activities

Officers

Mr Stephen Michael Pickering

director · Since 14/01/2004

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 55

Mr Paul Phillip Kiveal

director · Since 09/06/2020

SALES AND MARKETING DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

String Holdings Ltd

75–100% shares
75–100% votes

4b, Edward Vii Quay, Navigation Way, Preston, PR2 2YF

Reg: 08913094 · England & Wales · Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 20/08/2021Registered 25/08/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 14/05/2014Registered 16/05/2014Satisfied 10/03/2022

CompanyRankvs 1042+ SIC 62011 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees98th 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 strength23/25 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

£141k

Balance sheet strength

Cash

£216k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£289k

Fixed Assets

£14k

Debtors

£206k

22avg. employees+4

Tax at Year End(2023)

Corp tax£39k

Director Loans

Company owes directors£11k
Directors owe company£16k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£31k
20231.54+£16k
20221.72+£3k
20211.77+£1k
20202.07+£746
20191.79+£30k
20181.75

Derived from filed accounts. Not audited figures.