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Lucendo Development Limited

05133109

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

38 ST. BARNABAS ROAD, LONDON, E17 8JY
Incorporated 19/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Antranig Michael Basman

director · Since 19/05/2004

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mrs Rachael Ruth Matthews

secretary · Since 06/01/2024

Persons with Significant Control

Mr Antranig Michael Basman

25–50% shares
Appoint directors

British · England · Age 53

38, St. Barnabas Road, London, E17 8JY

Notified 19/05/2016

Mrs Rachael Ruth Matthews

25–50% shares

British · United Kingdom · Age 52

38, St. Barnabas Road, London, E17 8JY

Notified 07/04/2017

CompanyRankvs 8472+ SIC 62012 peers
75

Financial strength73th percentile among SIC peers · 18/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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8472Lucendo Development Limited
71
How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£53k

Current Liabilities

£31k

2avg. employees

Tax at Year End(2019)

Corp tax£13k

Balance Sheet

Assets less current liabilities£22k
Signed by Mr Antranig Basman 10/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.73-£12k
20241.70+£26k
20231.43-£51k
20222.75+£17k
20214.74+£9k
20203.57+£12k
20192.26—

Derived from filed accounts. Not audited figures.