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Think Associates Limited

05178209

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

GROUND FLOOR, BRIGHTON, BN1 1UF
Incorporated 13/07/2004

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

Overdue

Industry

62012
Business and domestic software development
62090
Other information technology service activities
70229
Management consultancy activities

Officers

Mr Tim James Newham

director · Since 13/07/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Matthew Mundey

director · Since 15/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr Richard Eastbury

director · Since 03/07/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr Warwick Myles Hone Fletcher

director · Since 29/10/2024

CFO

AUSTRALIAN · ENGLAND · Age 44

Also on 3 other boards

Mr Dave Cruickshank

director · Since 01/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Athena Uk Holdco Limited

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

Heddon House, 149-151 Regent Street, London, W1B 4JD

Reg: 15033263 · Companies House · Private Limited Company

Notified 29/10/2024

Former PSCs

Mr Shaun Wilde

Ceased 29/10/2024

Mr Tim Newham

Ceased 29/10/2024

Charges2 outstanding

Charge
outstanding

BANK OF NEW ZEALAND AS SECURITY TRUSTEE FOR THE BENEFICIARIES

Created 17/09/2025Registered 17/09/2025
Charge
outstanding

TENZING PRIVATE EQUITY LLP

Created 25/03/2025Registered 25/03/2025

CompanyRankvs 26872+ SIC 62012 peers
42

Financial strength4th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26872Think Associates Limited
48
How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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 31/10/2024

Net Worth

-£126k

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

-£162k

Working capital

Current Assets

£3.5M

Current Liabilities

£3.6M

Fixed Assets

£36k

Debtors

£1.6M

55avg. employees+13

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities-£126k
Signed by Mr Shaun Wilde 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96-£134k
20231.05—

Derived from filed accounts. Not audited figures.