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Akumen Ltd

05196079

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

SUITE 19 & 21 EFFORD BUSINESS PARK, BUDE, EX23 8LT
Incorporated 03/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Michael Terence Challacombe

secretary · Since 03/08/2004

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Mr Michael Terence Challacombe

director · Since 03/08/2004

SOFTWARE DESIGNER

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Paul Howarth

director · Since 01/07/2017

RESEARCH & DEVELOPMENT

BRITISH · UNITED KINGDOM · Age 63

Mr Robert Horton

director · Since 11/02/2023

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Paul Howarth

25–50% shares
25–50% votes

British · United Kingdom · Age 63

Suite 19 & 21 Efford Business Park, Stanbury Drive, Bude, EX23 8LT

Notified 06/04/2016

Former PSCs

Mr Paul Howarth

Ceased 06/04/2016

Mr Michael Terence Challacombe

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

SWIF - DEBT AREA A LP ACTING BY ITS GENERAL PARTNER FSE SWIF DEBT GP LIMITED

Created 26/03/2024Registered 28/03/2024
Charge
satisfied

HSBC UK BANK PLC

Created 01/10/2019Registered 03/10/2019Satisfied 25/04/2024

CompanyRankvs 33380+ SIC 62090 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
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 strength1/25 pts

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

Employees14/15 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 30/06/2025

Net Worth

-£102k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£130k

Fixed Assets

£1k

Debtors

£107k

7avg. employees-1

Balance Sheet

Intangible assets£1k
Prepared with Silverfin

EstimatesDerived

YearImplied Profit
2025+£75k
2024-£100k

Derived from filed accounts. Not audited figures.