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Think Associates Limited

05178209

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 43

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 26984+ 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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26984Think 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

Tax at Year End(2022)

Corp tax£44

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-£202k
20221.19-£204k
20211.42+£390k
20201.03+£14k
20191.03-£7k
20181.04-£46k
20171.23—

Derived from filed accounts. Not audited figures.