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Genetiq Software (Uk) Limited

05235518

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

4TH FLOOR, WEST WING, HEMEL HEMPSTEAD
Incorporated 20/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Mark Gurney

director · Since 01/12/2010

SALES DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Gary Mason

director · Since 01/12/2010

SOFTWARE DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Fergal Barry

director · Since 24/05/2016

COMPANY DIRECTOR

IRISH · IRELAND · Age 44

Also on 3 other boards

Justin Lawless

director · Since 24/05/2016

COMPANY DIRECTOR

IRISH · IRELAND · Age 50

Paul Marry

director · Since 24/05/2016

COMPANY DIRECTOR

IRISH · IRELAND · Age 63

Also on 1 other board

Mr George Michael Troullis

director · Since 01/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 8 other boards

Persons with Significant Control

Ann Marry

25–50% shares

Northern Irish · Ireland · Age 64

Knockbridge, Dundalk, Louth

Notified 06/10/2021

Ursula Lawless

25–50% shares

Irish · Ireland · Age 54

40 Kingswood, Dundalk, Louth

Notified 06/10/2021

Former PSCs

Mr. Aidan Lawless

Ceased 06/10/2021

Mr. Paul Marry

Ceased 06/10/2021

Charges1 outstanding

Charge
outstanding

ALLIED IRISH BANKS PLC

Created 29/06/2020Registered 03/07/2020

CompanyRankvs 10056+ SIC 62090 peers
55

Financial strength95th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the directors , with respect

Key FinancialsYear ending 31/12/2023

Turnover

£14.9M

Annual revenue

Net Worth

£485k

Balance sheet strength

Cash

£959k

Cash in the bank

Profit Before Tax

-£112k

Bottom line earnings

Net Current Assets

-£311k

Working capital

Current Assets

£6.2M

Current Liabilities

£6.5M

Fixed Assets

£867k

Debtors

£5.1M

Cost of Sales

£7.8M

Gross Profit

£7.1M

Admin Expenses

£7.2M

Operating Profit

-£92k

Profit After Tax

-£112k

154avg. employees

Tax at Year End

Corp tax£34k
VAT£820k

People Costs

Wages & salaries£8.0M
NI contributions£937k

Balance Sheet

Bank loans & overdrafts£50k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioEst. Revenue
20230.95£16.4M

Derived from filed accounts. Not audited figures.